Illicit agreements refer to deals made between two or more parties that are illegal or contrary to public policy. Such agreements are generally unenforceable and can have serious consequences for those involved.

Examples of illicit agreements include agreements that involve illegal activities such as drug trafficking, human trafficking, and prostitution. Such agreements are not only illegal but also immoral and can lead to criminal charges and imprisonment.

Another common type of illicit agreement is a contract that violates anti-trust laws. Anti-trust laws are designed to protect consumers and promote fair competition in the marketplace. Agreements that violate such laws can lead to fines and penalties.

Illicit agreements can also include contracts that are not in compliance with labor laws. Such agreements may involve paying employees below the minimum wage, denying them basic benefits such as healthcare and overtime pay, or engaging them in hazardous working conditions. Employers who engage in such agreements can face legal action and fines from labor authorities.

It is important to note that even though such agreements are illegal, they are not always easy to detect. Therefore, it is essential that companies and individuals seek legal advice and thoroughly investigate any agreement they are entering into.

In conclusion, illicit agreements are illegal and can have serious consequences not only for the parties involved but also for society as a whole. It is important to avoid such agreements and ensure that all contracts and agreements are legal and compliant with applicable laws and regulations. Always seek legal advice before entering into any agreement, and never compromise on ethical and moral standards.