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What is the difference between a void contract and an unenforceable contract?
Void contracts and unenforceable contracts are often used interchangeably. A void contract is not valid and therefore unenforceable. An unenforceable contract may be valid, but can not, for a number of reasons, be lawfully enforced.
What is the difference between a void contract and unenforceable contract?
Void contracts and unenforceable contracts are often used interchangeably. A void contract is not valid and therefore unenforceable. An unenforceable contract may be valid, but can not, for a number of reasons, be lawfully enforced.
What is the difference between a void contract and a unenforcable contract?
Void contracts and unenforceable contracts are often used interchangeably. A void contract is not valid and therefore unenforceable. An unenforceable contract may be valid, but can not, for a number of reasons, be lawfully enforced.
Why are commodity futures contracts transferable?
Commodity future contracts are transferable (can be bought and sold), to realize a profit or loss, but the obligation in the contract remains valid.
Is a contract valid if the principal owners signiture is required and non authorised owner signs it it?
No. Not if it can be determined that the signatory is unauthorized.
What is contract and what is type of valid contracts?
none at all because its all good.
If a contract is not enforceable is it valid in Va?
The contract is always inforceable by law. And all the parties are legally perfoming there contracts.
Why are commidity future contracts transferable?
They can be bought and sold but the obligation in the contract remains valid.
What is the difference between void and voidable contracts?
A void contract is not legally valid from the beginning, while a voidable contract is initially valid but can be canceled or voided by one of the parties involved.
Why commodity futures contracts re transferable?
They can be bought and sold but the obligation in the contract remains valid.
Is a faxed contract valid?
Yes it is. That's the advantage of fax, it can be use a legal document.
What circumstances would a contract be valid without any consideration?
from wawa(ums kal) :contracts under seal are valid without a consideration or perbaps
