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Void Agreement Examples Ppt

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Void agreements are agreements that are deemed to be legally unenforceable from the very beginning because they are either against the law or public policy. Such agreements do not have any legal standing and cannot be enforced by the court of law. In this article, we will discuss some of the examples of void agreements and how a PowerPoint (PPT) presentation can be used to educate people on this topic.

Examples of Void Agreements

1. Agreements in Restriction of Trade

Any agreement that seeks to restrict any person`s right to carry on trade or business of his choice is void under Section 27 of the Indian Contract Act, 1872. Thus, any agreement that seeks to prohibit a person from starting a similar business after leaving a current job is considered void.

2. Agreements in Restraint of Legal Proceedings

Any agreement that seeks to stop a person from instituting legal proceedings against another person or to compel him to withdraw legal proceedings is considered void under Section 28 of the Indian Contract Act, 1872.

3. Agreements with Unlawful Object

An agreement that involves doing something that is against the law is void. For example, an agreement to sell illegal drugs or to commit a crime is void.

4. Agreements without Consideration

An agreement without consideration is void under Section 25 of the Indian Contract Act, 1872. Consideration is the price paid or promised to be paid by one party to the other as compensation for the act or promise of the other party.

5. Agreements with Minors

An agreement with a person who is not of the age of majority (18 years) is void under Section 11 of the Indian Contract Act, 1872. A minor cannot legally enter into any contract.

6. Agreements in Fraud of Creditors

An agreement that is made in order to prevent the creditors from taking possession of the property of the debtor is void under Section 23 of the Indian Contract Act, 1872.

Using PPT to Educate People on Void Agreements

A PowerPoint (PPT) presentation is an effective tool to educate people on void agreements. The following are some of the ways a PPT presentation can be used:

1. Introduction

Begin the presentation with an introduction to the concept of void agreements, their definition, and the reasons for their invalidity.

2. Examples

Use examples of void agreements to illustrate the concept to the audience. Provide examples of each type of void agreement and explain why each agreement is deemed void.

3. Legal Provisions

Explain the legal provisions governing void agreements. Provide details on the sections of the Indian Contract Act, 1872, that defines void agreements.

4. Impacts

Explain the impact of void agreements on individuals and businesses. Provide examples of situations where void agreements can cause harm to individuals or businesses.

Conclusion

In conclusion, void agreements are agreements that are deemed unenforceable from the beginning, and PPT presentations can be a useful tool to educate people on this topic. By explaining the examples, legal provisions, and impact of void agreements, individuals and businesses can avoid making such agreements and ensure that their contracts are legally enforceable.