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"Invalid contract" might describe the terms of an agreement that purports to be a contract--but by one or more legal theories does not constitute one, and is therefore unenforceable as one. This refers to a defect in contract formation--whose elements are those of mutual assent (effectively-communicated offer and acceptance) and consideration (a bargained-benefit or detriment). An "invalid contract" may or may not be enforceable as a set of one or more enforceable promises, depending on whether alternative theories apply, such as that of promissory estoppel.
Void contract, as compared with voidable contract,refers to a contract that has become void by reason of one or more contract-law avoidance theories. A voidable contract is one voidable at the option of one of the parties. Two examples: a contract entered into for an illegal purpose is void. A contract entered into by a minor is voidable at the minor's option unless subsequently ratified.
Wiki User
∙ 11y ago
Wiki User
∙ 12y agovalid contracts are enforceable by law while invalid contracts are not
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When the principal die the irrevocable power of attorney is valid or invalid?
when the principle die the irrevocable power of attorney is valid or invalid
Valid and invalid?
definitly valid. recommend me
What does the base word mean in invalid?
in
What is the base of invalid?
it is valid
Is it invalid or valid that non sale items is affordable?
It is neither valid nor invalid. It all depends on your purchasing power.
What is the difference between a valid or invalid argument?
An invalid argument is when the facts you are using are invalid or your forms of defense are wrong or incorrect, a valid argument is the opposite of an invalid argument. "There is a windmill in my beard. your argument is invalid." (This is a good example of a bad contradiction)
What part of speech is invalid?
The word invalid is an adjective. It describes something that is not valid.
What rhymes with invalid?
Salad, ballad, valid
What is your passport status?
It is either valid or invalid
Can an argument be invalid and sound?
No, but it can be unsound and valid.
What does it mean to have those terms valid and invalid applied to people?
The meaning of the terms valid and invalid when applied to people can vary depending on how they are used. The word invalid can mean that a person is sick or has a disability. The term valid might mean that the person has an excellent career and family life.
Why does my sss no. became invalid when im filling a employment application?
It doesn't "become" invalid. It is either valid or it is not valid--and that is unrelated to whether or not you've filled out an employment application.
