Business Studies, asked by swatibarsagade12, 1 month ago

• A void agreement is one which is​

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Answered by TRISHNADEVI
4

ANSWER :

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★ A void agreement is one which is not enforceable by law.

  • The Indian Contact Act, 1872 specially declars certain agreements to be void. These agreements are void ab initio.

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The agreements which are declared to be void by the Indian Contract Act, 1872 are as follows :-

  • ✎ Agreement by or with person's in competent to contract.

  • ✎ Agreement entered into through a mutual mistake.

  • ✎ Agreement the object or consideration of which is unlawful.

  • ✎ Agreements the consideration object of which is partially unlawful.

  • ✎ Agreement made without consideration.

  • ✎ Agreement in restraint of marriage.

  • ✎ Agreement in restraint of trade.

  • ✎ Agreement in restraint of legal proceeding.

  • ✎ Agreements the meaning of which is uncertain.

  • ✎ Wagering agreements.

  • ✎ Agreements contingent on impossible event.

  • ✎ Agreements to do impossible act.

  • ✎ In case of reciprocal promises to do things legal and also other things illegal, the second part of reciprocal promises is a void agreement.
Answered by Anonymous
3

Answer:

˙❥˙A void agreement is one which cannot be enforced by law . Sometimes an agreement which is enforceable by law, i.e, a contract, can become void. Void agreements are different from voidable contracts, which are contracts that may be nullified. ... An agreement to carry out an illegal act is an example of a void agreement.✧*。

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