A void contract means:a)An agreement which is not enforceable by lawb)...
Explanation:
A void contract is a contract that is not legally enforceable and is considered to be null and void from the beginning. It is different from a voidable contract, which is a contract that is enforceable, but may be voided by one of the parties for certain reasons.
The following are the reasons why a contract may be considered void:
1. Lack of capacity: If one or both parties lack the capacity to enter into a contract, it may be considered void. For example, if one of the parties is a minor or mentally incapacitated, the contract may be void.
2. Illegality: If the subject matter of the contract is illegal, then the contract may be void. For example, a contract to sell drugs or engage in illegal activities would be considered void.
3. Mistake: If both parties are mistaken about a material fact related to the contract, the contract may be void. For example, if the contract is for the sale of a painting that both parties believe to be authentic, but is later discovered to be a forgery, the contract may be void.
4. Fraud: If one of the parties engages in fraud, such as misrepresenting a material fact, the contract may be void.
5. Duress: If one of the parties is forced to enter into the contract under duress, such as the threat of physical harm, the contract may be void.
Therefore, a void contract is one that has ceased to be enforceable by law from the beginning due to one of the reasons mentioned above.
A void contract means:a)An agreement which is not enforceable by lawb)...
Void agreement is smthn which is void at the very beggining..but a void contract.. is smthn which is valid at the time of contract but becomes void due to changes in law etc..so it ceases to be enforceable
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