Which of the following is an example of a void contract?

In the context of contract law, a void contract is one that is not legally enforceable from the moment it is created. A key characteristic of a void contract is that it involves a subject matter that is illegal or against public policy.

Choosing a contract for the sale of illegal drugs as an example of a void contract is accurate because such transactions are prohibited by law. Hence, the contract lacks the necessary legal capacity to exist; it cannot be enforced in a court of law because it concerns an illegal activity. This makes the contract void ab initio, meaning it is treated as if it never existed.

Other options illustrate various scenarios but do not meet the criteria of a void contract. For instance, a contract for a legal service mistakenly signed (the first option) may involve issues of enforceability or validity, potentially being voidable under certain conditions, but it is not inherently void. A business partnership contract that is bound by law (the second option) involves legal obligations and is typically enforceable unless specific legal requirements are not met. Lastly, a contract with clearly stated terms (the fourth option) generally reflects the criteria for a valid contract, as long as it involves lawful subject matter and meets other legal standards. Therefore, they do not exemplify