Page 63 - PRINCIPLE OF LAW- FINAL (eISBN) pdf
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Politeknik Kota Bharu
Voidable Contracts - a voidable contract is a contract which
may appear to be valid and has all the necessary elements to be
enforceable but has some type of flaw which could cause one or
both of the parties to void the contract. The contract is legally
binding but could become void. If there is an injured party
involved, the injured party or the defrauded must take action,
otherwise the contract is considered valid.
Unenforceable Contracts - an unenforceable contract is a
contract which cannot be enforced in a court of law. This could
happen because the terms of the contract are ambiguous,
(Statute of Limitations needless delay).
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