Contracts
Void contract
An agreement with no legal effect from the beginning
Not really a contract at all — a nullity. An agreement to do something illegal is void, as is one signed by a person a court has already declared incompetent. Neither party can enforce it and nothing is needed to undo it.
How the exam asks about it
The examinable ladder runs valid, voidable, unenforceable, void. Void is the only rung where nobody has any choice in the matter.
Related terms
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