Short Note On Voidable Agreement

Where a contract is based on a mutual promise and one of the parties prevents the other from fulfilling its obligations under the treaty, it becomes questionable at the choice of the party that has been prevented from keeping its promise. These provisions of contract law are generally intended to ensure fairness in the process. It protects the parties from not being unfairly disadvantaged or from entering into a contract contrary to the law of the land. This means, in essence, that any person considered to be acquired under the treaty may be protected against losses if the contract proves, at the option of that party, to be inconclusive or questionable. 4. Determine if a new contract can be designed or if the contract should be abandoned altogether. This definition is in itself to explain the distinction between invalid and countervailable agreements. But to continue to elaborate, some of the court decisions can be reviewed. Section 10 of the Act deals with the conditions of third-party effectiveness, According to this section, an agreement is a contract if it is concluded in exchange for a certain consideration between the parties responsible for the contract, with free consent and for legitimate purposes. . .

.