When it comes to legal agreements, it is essential to ensure that they are enforceable by law. If an agreement is not enforceable, it is considered void and essentially meaningless. Under section 2(g) of the Indian Contract Act, an agreement not enforceable by law is said to be void.
There are a few reasons why an agreement may be deemed unenforceable by law. One common reason is if the agreement violates public policy or any laws or regulations. For example, an agreement to engage in illegal activities or to discriminate against certain groups would be considered void.
Another reason an agreement may be void is if it lacks the essential components of a valid contract. A valid contract must have an offer, acceptance, consideration, and intention to create legal relations. If any of these elements are missing, the agreement may not be enforceable.
It is important to note that a void agreement is different from a voidable agreement. A voidable agreement is one that can be legally cancelled or voided by one or both parties. A void agreement, on the other hand, is one that is considered invalid from the beginning and cannot be enforced at any point.
It is essential to be aware of these distinctions to avoid any legal disputes or complications in the future. As a copy editor with experience in SEO, it is crucial to ensure that any content related to legal agreements is accurate and clear. Using precise language and explaining legal concepts in simple terms can help readers understand the importance of enforceable contracts and avoid potential legal issues.