Question

If the goods completely perish before contract of sale, the contract becomes. a) Valid b) Void c) Voidable d) Unenforceable

Answer 1

VALID CONTRACT:

An agreement which is enforeacble by law, written or expressed contract between two parties to deliver a product or services.

VOID CONTRACT:

A void contract cannot be enforced by law.

VOIDABLE CONTRACT:

A voidable contract is a formal agreement between two parties that may be rendered unenforceable for a number of legal reasons.

UNENFORCEABLE CONTRACT:

An unenforceable contract or transaction is one that is valid but one the court will not enforce. Unenforceable is usually used in contradistinction to void and voidable. If the parties perform the agreement, it will be valid, but the court will not compel them if they do not.

SO THE ANSWER FOR: IF GOODS ARE COMPLETELY PERISHED BEFORE CONTRACT OF SALE IS A VOID CONTRACT.