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contract

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › contract

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by MikeLittle.
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  • December 1, 2015 at 9:21 am #286653
    armaghanbutt
    Member
    • Topics: 27
    • Replies: 39
    • ☆☆

    hi ! can u explain me void and voidable contract ? oother than not enforceable law is to be void

    December 1, 2015 at 10:38 am #286686
    MikeLittle
    Keymaster
    • Topics: 26
    • Replies: 22702
    • ☆☆☆☆☆

    Void is where the contract cannot go ahead and it would be illegal for it to carry on

    Voidable is where one of the parties has the right to decide whether they wish to go ahead or not. They are able to enforce the contract against the other party but are in the privileged position that the other party cannot enforce the contract against them

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