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Interpretation of void

  • Thread starter WannabeBusiness
  • Start date

Accident - Bankruptcy - Criminal Law / DUI - Business - Consumer - Employment - Family - Immigration - Real Estate - Tax - Traffic - Wills   Please click a topic or scroll down for more.

W

WannabeBusiness

Guest
I was sold an option that triggers upon the contract being determined to be void or invalid. The intent was to mean if terminated. If terminated by alledged breach, is the contract void?
 


T

Tracey

Guest
No. A contract is invalid when it was never really made - no agreement, mutual mistake, etc. It is void when it can no longer be fulfilled - the house burned down, etc. A breach breaks a valid contract and allows the aggrieved party to sue for damages.

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This is not legal advice and you are not my client. Double check everything with your own attorney and your state's laws.
 

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