Question: 2. Explain about void, voidable and un enforceable contracts. Out of void, voidable and un enforceable contracts which are valid contracts. Why a contract will
2. Explain about void, voidable and un enforceable contracts. Out of void, voidable and un enforceable contracts which are valid contracts. Why a contract will be void, voidable and un enforceable (6+2+3=11 marks) Void: thats means no contract It can be void if we entered it by mistake or illegal, Any goods or money obtained under the agreement must be retuned -voidable: remains valid till one of the party takes steps to avoid it Contract founded on misrepresentation ,some contracts made by minors fall in this category Good obtained should be given back as early as possible Unenforceable is a valid contact But can't be enforced in court Evidence in writing required Delay
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
