About this document

Classification of Contracts Explained by Dharini Vatsan is a document available to read on EtoBox.

This document discusses different classifications of contracts. It outlines valid contracts where all elements are present versus voidable contracts which are enforceable by one party but not the other. Void agreements are unenforceable by law while void contracts originally valid but later cease being enforceable. Illegal contracts against public policy are nullities. Classification is also by formation (express, implied, quasi), performance (executed, executory, partly executed) and number of parties with

Author

Dharini Vatsan

Language

EN