What is the difference between void and voidable contracts? Housing.com
An agreement between two parties, results into a contract only when all the essential elements of a valid contract are present. In case, one or more such elements are missing, the contract will either be void, or voidable, or illegal, or unenforceable. What is a void contract? A binding contract is drafted, keeping in mind the legal nitty gritty of law. In case of any oversight, such a contract will have no enforceability. This is where the terms void and voidable contracts come into picture
