Mastering Void and Unenforceable Contracts

Description

This Skill Bit shows, that when a contract is void, it’s treated as if it never existed, with parties restored to their original positions. This perspective ensures that the parties are returned to the status quo before the contract. In contrast, an unenforceable contract exists but cannot be enforced by the court due to issues like improper form, statute of limitations, public policy violations, or lack of consideration. Such contracts require legal advice to navigate their implications, as remedies for breaches or disputes are unavailable, and consequences vary by jurisdiction.

Duration approx. 7 Min.

Tier: advanced