Question: A. Determine whether each statement is true or false and give a short explanation why is it true/false. 1.Void contracts are invalid by its very
A. Determine whether each statement is true or false and give a short explanation why is it true/false.
1.Void contracts are invalid by its very nature, hence, no rights can be acquired from a void contract.
2.A contract to which one of the parties are incapable of giving consent is a void contract.
3.There can be in the same time a SINGLE CONTRACT that is VOID and VOIDABLE.
4.A void contract becomes a valid contract only after the lapse of four years from the date of its execution.
5.In a Void Contract, no one party is guilty of the defect of the contract.
B. give your own personal example of Void contracts
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