Void Contract - Law Dictionary Search Results
Mutual promises
will support each other, unless one or the other be void; in which case, there being no consideration on the one … case, there being no consideration on the one side, no contract can arise. But if the promise on one side be
void
void 1 : of no force or effect under law [a … n vt : to make or declare void [ a contract]
voidable
voidable : capable of being voided ;specif : subject to being … void when one party is wronged by the other [a contract] void·abil·i·ty [vȯi-də-bi-lə-tē] n
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Policy Proof of Interest (P.P.I.) (English)
policy in the absence of an insur-able interest is made void by the Gaming Act, 1845. The Marine Insurance Act, 1906 … Policies) Act, 1909, makes it an offence to effect a contract of marine insurance without an insurable interest.
remedy
tribunal for a wrong [if the contract is null and void, the is to rescind and to put the parties in
overreaching
esp. by unfair or deceptive means [if the contract was void for traditional reasons such as fraud or "Lugassy v. Independent
null
ullus any] : having no legal or binding force : void [a contract]
ab initio
[Latin] : from the beginning [a contract found to be void ab initio]
set aside
: to deprive of legal effect or force : annul void [may set aside the contract]
standard mortgage clause
the mortgagee can collect payment even if the policy is void or voidable with regard to the insured (as because of … mortgage clause that is usually considered to form a separate contract between the insurer and mortgagee under which the mortgagee can
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