If a legally binding contract has been changed but the change was verbal is it still legally binding
What Is Void Contract And What Are Its Characteristics?
The word void means. A contract which forced by parties is called a void contract. One parties in haff mind. If you have done contract minnor child.
And that have no abality he take a dicision such type of contract called viod contract shivam
And that have no abality he take a dicision such type of contract called viod contract shivam
According to section 2i "the agreement will only be enforceable by the law if the both parties are agreed to some common deal. If the parties make any agreement which is not enforceable it is void. Generally a voidable contract takes place when the consent of one of the parties is not free. It is a valid contract until it is avoided by the party having the right to avoid it. Once it is avoided it becomes void. But if the party chooses to affirm it, the contract continuous to be valid.
A contract becomes voidable when the consent of one of the parties to the contract is obtained by force, undue pressure, falsification or scam. A threatens to shoot B to purchase his Honda 110 for Rupees 20,000. B agrees. This contract was made by coercion and is voidable at the option of B. when a person promises to do something for another person but the other person prevents him from making his promise the contract turn into voidable at his option. A contact with B that A shall whitewash B's house for rupees 10,000, A is ready to whitewash but B prevents him from doing so. This contract is voidable at the option of A.
A contract becomes voidable when the consent of one of the parties to the contract is obtained by force, undue pressure, falsification or scam. A threatens to shoot B to purchase his Honda 110 for Rupees 20,000. B agrees. This contract was made by coercion and is voidable at the option of B. when a person promises to do something for another person but the other person prevents him from making his promise the contract turn into voidable at his option. A contact with B that A shall whitewash B's house for rupees 10,000, A is ready to whitewash but B prevents him from doing so. This contract is voidable at the option of A.
The word void means not binding in law. A contract which cannot be forced by both parties is called a void contract. Section 2J defines that if a contract which comes to an end which can be forcible by law becomes void when it cannot be protected by law. It is clear that a void contract is not void from the very beginning. It is valid contract and binding on the parties when it is originally made but after its formation it becomes void due to certain reasons. There are following circumstances under which the contract becomes void:
Impossibility of Performance: a contract may become void due to impossibility of performance. A contract may after formation but before performance become void when it becomes impossible to be performed by any party due to any reason. A and B make contract with each other that they will marry but after a certain period of time but A becomes mad. The contract becomes void. A contract becomes void by subsequent illegality. A legal contract may after formation but before performance become illegal and as a result void due to certain reasons. A voidable contract becomes void when the party whose consent is not free rejects the contract. So this is the reason for the void contract.
Impossibility of Performance: a contract may become void due to impossibility of performance. A contract may after formation but before performance become void when it becomes impossible to be performed by any party due to any reason. A and B make contract with each other that they will marry but after a certain period of time but A becomes mad. The contract becomes void. A contract becomes void by subsequent illegality. A legal contract may after formation but before performance become illegal and as a result void due to certain reasons. A voidable contract becomes void when the party whose consent is not free rejects the contract. So this is the reason for the void contract.