Illustrate the meaning of contractual defects

Illustrate the meaning of contractual defects?

E

Expert

Verified

This section considers how, despite having created a valid contract and adhered to the desires of writing, parties may still not have a conformity that both parties may enforce because of a contractual defect in the form of inaccuracy, misrepresentation, or unfairness during bargaining.

Contractual defects may either render a contract void (as though it never happened, with no legal achieve from the establishment) or voidable (valid unless and until it is rejected at the option of one of the parties).

   Related Questions in Business Law and Ethics

©TutorsGlobe All rights reserved 2022-2023.