Law,Mayur Vihar Phase 3,(Ravish Roshan,9968009808)
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1. A valid contract meets all the essential elements of a contract including agreement, consideration, contractual capacity, and lawful object. 2. A void contract has no legal effect and cannot be enforced as it fails to meet the essential elements or the terms are illegal. 3. A voidable contract can be declared void or upheld at the option of one of the parties, such as a contract made by a minor, and is otherwise valid until avoided.
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Law,Mayur Vihar Phase 3,(Ravish Roshan,9968009808)
- 2. VOID,VALID & VOIDABLE CONTRACT
- 20. THANK YOU