When can a contract be declared unenforceable?
Understand the Problem
The question is asking about the circumstances under which a contract may be declared unenforceable. It is about legal concepts related to contract validity.
Answer
Lack of capacity, coercion, undue influence, misrepresentation, unconscionability, legal violations, mistake, vagueness, or public policy issues can render a contract unenforceable.
A contract can be declared unenforceable if there is evidence of lack of capacity, coercion, undue influence, misrepresentation, unconscionability, alterations, bankruptcy, illegality, mistake, vagueness, or it opposes public policy.
Answer for screen readers
A contract can be declared unenforceable if there is evidence of lack of capacity, coercion, undue influence, misrepresentation, unconscionability, alterations, bankruptcy, illegality, mistake, vagueness, or it opposes public policy.
More Information
Unenforceable contracts lack legal force, meaning that even if one party does not fulfill their obligations, the other party cannot seek remedy in a court of law. Such contracts often arise from issues at the time of formation or subsequently due to changes in law or capacity.
Tips
Sometimes people overlook the necessity of clear and understandable terms, leading to unintentional vagueness, which can make a contract unenforceable.
Sources
- When is a Contract Unenforceable? - O'Flaherty Law - oflaherty-law.com
- Unenforceable Contracts: What to Watch Out For - Nolo - nolo.com
- What is an Unenforceable Contract? - Kira Systems - kirasystems.com
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