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Sunday 21 March 2010

Void Agreement

A contract is said to be void under what us alleged to be the contract does not confer and right or impose any obligation on either party. It is therefore a little illogical to take of void contracts, for what is supposed to be take of void contracts at all. It is, however, conveniently used to describe where there is an apparent agreement but it will not have any legal effect, either because some essential ingredient is lacking or because it is contrary to some law or opposed to public policy.
A contract may be void due to mistake, illegality of its object or such object being contrary to the public policy and incapacity of the parties.

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