legal status

Jamarcus Womack English 1 page

Content of the notes (1)

Valid

All 4 elements are required for there to be a contract

Void

Do not have all 4 elements of a contract

The contract was never formed

Voidable

have all elements of a contract but issue with one of the elements

gives the party a period of time to walk away from the contract. (ex adult makes contract with kids.

different from void because a contract was formed but one parties compacity is off

unenforcable

Valid/voidable contract but something happend to make it no longer enforceable

Description: Note on legal status, created by Jamarcus Womack on 04/05/2015.
Created by: Jamarcus Womack
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