4. This is the first exception mentioned in paragraph 25, paragraph 1. Voidable Contractâ In case of a voidable contract, the contract becomes voidable in nature when the consent is not free. A void agreement is void due to the absence of one or more necessary elements that result in a contract. An agreement to carry out an illegal act is an example of a void agreement. âAn agreement which stops to be enforceable by law ends up the void when it stops to be enforceable by law. If it is a business, get the full business name as listed with the state or on the contract and also add the name of the representative you worked with at the top of the letter. Factor: Explanation: Uncertainty: If the contract uses language that creates uncertainty around contractual obligations, the contract will be void.For example, an agreement to agree within a contract can create uncertainty as there is no clear indication of what will be agreed to in a contract. If you enter into a contract to kill another person, that is a void contract, because you cannot contract to do something illegal. Void Contractâ A void contract is an agreement that has no lawful impact by any stretch of the imagination. A void contract has no legal force. The contract which was made on the mutual mistake of the parties or the non-disclosure of one or more material facts are also classified as the voidable contract. On the contrary, a void contract is one that becomes void due to ⦠One void contract example is a contract that involves illegal behaviors, such as criminal activity or gambling. In such a case, neither party can go to court to enforce the contract. Void contract cannot be novated. Void ab-initio is only to re-emerge the legal notion of what is meant by void. In Rajlukhy Dabee v Bhootnath Mookerjee [2], the Hon`ble court held that âthe written and recorded agreement based on natural love and affection between parents is ⦠An illegal contract is void and inexistent and cannot, therefore, give rise to a valid contract. Example: Optimus sells a yellow Chevrolet Camaro to Megatron. Four Types Of Void Agreement - December 09, 2020. Find out the full name and address of the person who you need to void the contract with. The void contract is the contract that is entirely illegal and following it canât be enforced. It is missing an essential element, and thus it is not a contract. For example, a contract to kill would be void, because it has an illegal purpose. A void agreement is never valid, whereas a void contract is a valid contract, till it does not lack enforceability. For example, a contract between drug dealers and buyers is a void contract simply because the terms of the contract are illegal. 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