A contract becomes void when it ceases to be legally enforceable due to subsequent events, rather than being void from the beginning. A void contract was initially valid but can no longer be enforced, while a void agreement was never a valid contract to begin with due to factors like death of a person or destruction of property that prevented enforcement.
A contract becomes void when it ceases to be legally enforceable due to subsequent events, rather than being void from the beginning. A void contract was initially valid but can no longer be enforced, while a void agreement was never a valid contract to begin with due to factors like death of a person or destruction of property that prevented enforcement.
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A contract becomes void when it ceases to be legally enforceable due to subsequent events, rather than being void from the beginning. A void contract was initially valid but can no longer be enforced, while a void agreement was never a valid contract to begin with due to factors like death of a person or destruction of property that prevented enforcement.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOCX, PDF, TXT or read online from Scribd
- A contract which ceases to be enforceable by law be comes void when it ceases to
be enforceable. [section 2(j)]. - - Thus, initially a contract cannot be void, i.e. a contract cannot be void ab initio. The simple reason is that in such a case, it is not a contract at all to begin with. Hence, only a valid contract can become void contract due to some subsequent events. e.g. the person dies or property is destroyed or Government imposes a ban etc. - - A void agreement is void ab initio. It never becomes a contract. It is nullity and cannot create any legal rights.