When a contract ceases to be enforceable at law, then it is called as?
When a contract ceases to be enforceable at
law, then it is called as?
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A void contract is a formal agreement that is
illegitimate and unenforceable from the moment it is created. There is some overlap in the causes that can make a contract void and the causes that can make it voidable. The fundamental difference between these two types of contracts is a void contract is not legally valid or enforceable at any point in its existence, while a voidable contract can be legal and enforceable depending on how the contract defect is handled.