Why all contracts are agreement but all agreements are not contract pdf

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  • When is a contract not a contract
  • Difference between contract and agreement with examples...

    What is agreement in law

  • Difference between contract and agreement in law
  • Difference between contract and agreement with examples
  • Difference between contract and agreement ppt
  • Difference between contract and agreement in business law
  • What are the legal consequences of a void contract?

    The legal consequences of a void contract include that it is treated as if it never existed, meaning neither party has any legal obligations to the other. Parties cannot enforce the contract in court, and any benefits exchanged may need to be returned.

    Additionally, parties may be liable for any losses resulting from reliance on the void contract.

    What is a void contract and how does it differ from a voidable contract?

    A void contract is an agreement that lacks legal effect and cannot be enforced by either party.

    It is considered null from the outset due to illegality or lack of essential elements. In contrast, a voidable contract is valid until one party chooses to void it, often due to issues like misrepresentation or coercion.

    Can a party enforce a void contract in any circumstance?

    No, a party cannot enforce a void contract under any circumstances, as it is considered legally unenforceable from the outset.

    Void contracts lack essential elements, such as legality or capacity, making them invalid in the eyes of the law.

    W

      is a contract extension a new contract
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