Question

A void agreement is Void _________.

• A. Ab-intio
• B. Subsequently
• C. At the option of one party
• D. If conditions attached to the contract are not fulfilled

Answer 1

The correct option is A Ab-intio

A contract that cannot be legally enforced by either party is considered void. Characteristics of a void contract include:

• Not legally enforceable
  
• Does not create legal rights or obligations for either party
  
• May be against the law or public policy
  
• Does not require compensation to be paid to either party
  
• May occur if either party signed under duress
  

A void contract is void as soon as it is created or also known as Void Ab-Initio i.e. void from the beginning and this type of agreement can never be void because it was never a legal contract to begin with.