Published Jun 7, 2021
2 mins read
423 words
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Voidable And Non Voidable And Void Agreement And Illegal Agreement, Agreement And Contract

Published Jun 7, 2021
2 mins read
423 words

Void and voidable 

. An agreement that is not enforceable by law is void agreement .on the other hand a voidable agreement is an agreement which is enforceable at the option of one of the parties

 .void agreement include agreement whose object are unlawful , agreements without considering , agreement in restraint of marrige, agreement in restraint of trade , agreement in restraint of legal proceedings,unmeaning agreement ,wagering agreement, agreement to do impossible act. Voidable agreement are agreement where the consei to the contact  ot one party is caused by coercin, undude influence fraud or misrepresentation.

. Void agreement are unenforceable agreement by operation of law and the parties are not permitted to enforce such an agreement while voidable agreement meants are enforceable at the option of the party whose consent was taken by way of coercion ,under influence , Fraud or misrepresentation. Such a party had the option of avoiding the agreement or affirmation the agreement.

.void agreement are void unenforceable from the beginning .on the other hand , voidable agreement are void only in the event the party at whose option the agreement become void elects to rescind or avoid the contract .

.any person receiving benefits under a voidable contract must return or compensate any benefits received under such a contract in the event the contract is avoided.on the other hand since void agreement are unenforceable ,no compensation is required to be paid for any benefits derived from a void agreement.

. specific performance of a voidable contract is possible however in cases void contract specific performance is not permitted.

Void agreement and illegal agreement

Void agreement are unenforceable agreement but may not be forbidden by law . However, illegal agreement meants are those agreement that are void and are also unlawful and are forbidden by law

.an agreement is a promise and a promise is an accepted proposal. An agreement that is enforceable by law is contract.

.every contract is an agreement but every agreement is not a contact.

An agreement become a contract when there is some consideration involved ,the parties to the contract are component to contract ,the parties have given their consent freely and the object of the contract is lawful 

.if a person decided to give his house to another with out any consideration.it is an example of an agreement since there is no consideration involved and hence, cannot be enforced by law .on the other hand if a person had decided to sell his house to another for an agreed sum, the agreement is a contract that is enforceable by law.

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panda 6/7/21, 7:57 AM
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notasecret 6/7/21, 8:04 AM
Read mine to hope you relate
yoge123 6/22/21, 9:45 AM
Wow.... Good article! F o l l o w for f o l l o w back.
amaraa_allan 5/31/22, 4:59 AM
Nice. Read mine too.. Follow for definite follow back.

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