CA Foundation Exam  >  CA Foundation Questions  >  _____________Contract is good in substance bu... Start Learning for Free
_____________Contract is good in substance but suffers from some technical defect:
  • a)
    Valid 
  • b)
    Illegal
  • c)
    Voidable
  • d)
    Unenforceable
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
_____________Contract is good in substance but suffers from some techn...
Unenforceable contract due to technical defect

A contract is a legally binding agreement between two or more parties. It is important for a contract to be valid, legal, and enforceable. However, sometimes a contract may be good in substance but suffer from a technical defect, making it unenforceable. Let's understand the concept of unenforceable contract due to technical defect in detail.

Definition of unenforceable contract

An unenforceable contract is a contract that is valid but cannot be enforced by law due to some technical defects. These defects make it impossible for the parties to fulfill their obligations under the contract. As a result, the contract cannot be enforced in court.

Examples of technical defects

Some common technical defects that can make a contract unenforceable are:

- Lack of proper written documentation: Some contracts need to be in writing to be enforceable, such as contracts for the sale of land or goods over a certain value. If a contract that should be in writing is not properly documented, it may be unenforceable.
- Lack of consideration: A contract must have some form of consideration, which means that each party must give something of value to the other. If one party fails to provide any consideration, the contract may be unenforceable.
- Lack of capacity: If one or both parties lack the legal capacity to enter into a contract, such as minors or individuals with mental disabilities, the contract may be unenforceable.
- Misrepresentation: If one party makes a false statement or conceals a material fact, it may invalidate the contract.
- Mistake: If both parties make an honest mistake about a material fact, it may make the contract unenforceable.

Conclusion

In conclusion, a contract that is good in substance but suffers from a technical defect may be unenforceable. Therefore, it is important to ensure that all contracts are properly documented, have consideration, and are entered into by parties with legal capacity. Failure to do so may result in unenforceable contracts.
Free Test
Community Answer
_____________Contract is good in substance but suffers from some techn...
An unenforceable contract is a valid contract that cannot be fully enforced due to some technical defect. .. therefore option d is the correct answer
Explore Courses for CA Foundation exam
_____________Contract is good in substance but suffers from some technical defect:a)Validb)Illegalc)Voidabled)UnenforceableCorrect answer is option 'D'. Can you explain this answer?
Question Description
_____________Contract is good in substance but suffers from some technical defect:a)Validb)Illegalc)Voidabled)UnenforceableCorrect answer is option 'D'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about _____________Contract is good in substance but suffers from some technical defect:a)Validb)Illegalc)Voidabled)UnenforceableCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for _____________Contract is good in substance but suffers from some technical defect:a)Validb)Illegalc)Voidabled)UnenforceableCorrect answer is option 'D'. Can you explain this answer?.
Solutions for _____________Contract is good in substance but suffers from some technical defect:a)Validb)Illegalc)Voidabled)UnenforceableCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of _____________Contract is good in substance but suffers from some technical defect:a)Validb)Illegalc)Voidabled)UnenforceableCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of _____________Contract is good in substance but suffers from some technical defect:a)Validb)Illegalc)Voidabled)UnenforceableCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for _____________Contract is good in substance but suffers from some technical defect:a)Validb)Illegalc)Voidabled)UnenforceableCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of _____________Contract is good in substance but suffers from some technical defect:a)Validb)Illegalc)Voidabled)UnenforceableCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice _____________Contract is good in substance but suffers from some technical defect:a)Validb)Illegalc)Voidabled)UnenforceableCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
Explore Courses for CA Foundation exam

Top Courses for CA Foundation

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev