What is the difference between Void Agreement and Void Contract? - ProProfs
     

What is the difference between Void Agreement and Void Contract?

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2 Answers

E. Stanley

E. Stanley, Technical writer, Indianapolis

Answered on Sep 10, 2019

A void agreement is an arrangement which cannot be enforceable by law. A court of law can not challenge these agreements, and such an agreement lacks legal consequences. It does not grant any exclusive rights to the parties it affects. A void agreement can never be made into a contract.

Agreements must conform to all the variables of a valid contract to be enforceable. Valid contracts, on the other hand, are lawful when they are entered into, as they obey all of the conditions of enforceability, laid down and are binding to all parties. Also, restitution or restoration is not granted in the case of void agreement.

B. Tiffney

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B. Tiffney, Computer Engineer, M. Tech, Southeast Montgomery

Answered on Aug 23, 2019

A void agreement is known to be an agreement that has never been valid even when it was presented. A void contract is something that used to be valid but because of the actions of one or both parties, the contract is already void and null. A void agreement may occur when there are certain elements that are not present to ensure that the contract will become available.

There are also instances when a contract becomes void when both parties realize that the things that are being demanded cannot be done within the given time frame. A void agreement cannot be considered illegal or against the law because there were just certain factors that made the agreement impossible to do.

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