ACCORDING TO

ENFORCEABILITY.
THE QUALITY OR STATE OF BEING CAPABLE OF BEING IN A COURT OF
LAW
VALID CONTRACT
• AN AGREEMENT WHICH IS ENFORCEABLE BY LAW.
• ITS MUST MEET SEVERAL REQUIREMENTS
VOID AGREMENT
• AN AGREEMENT WHICH IS NOT ENFORCEABLE BY LAW.
VOID CONTRACT
• A CONTRACT WHICH CEASES TO BE ENFORCEABLE BY LAW BECOME
VOID IT CEASES TO BE ENFOECEABLE.
VOIDABLE CONTRACT
• AN AGREEMENT WHICH IS ENFORCEABLE BY LAW AT THE OPTION
OF THE AGGRIED PARTY.