V
Terms Starting with "V"
2 legal terms found
contract-law voyd KON-trakt
Void Contract
An agreement that is entirely without legal effect from its inception (ab initio) and cannot be enforced by either party.
4 leading cases
contract-law VOY-duh-bul KON-trakt
Voidable Contract
A contract that is valid and enforceable until it is avoided by one of the parties who has the option to rescind it due to certain defects in formation.
4 leading cases