In the legal world, agreements play a crucial role in ensuring the smooth functioning of various processes and transactions. However, not all agreements hold up in court, and some are even considered void from the very beginning.
These agreements, known as `agreements expressly declared void`, are those that contravene the laws of the land and have been deemed unenforceable. In this article, we will take a closer look at what these agreements are, why they are considered void, and how they are handled under the law.
First and foremost, it is important to understand that not all invalid agreements fall under the category of `agreements expressly declared void`. These types of agreements are specifically listed under various laws and regulations, and their non-enforceability is not subject to any interpretation or negotiation.
Let`s take the example of an agreement to commit a crime. This is considered void, regardless of whether the parties involved in the agreement later decide not to follow through with the criminal act. Similarly, an agreement that involves the suppression of competition and the formation of monopolies is also expressly declared void under anti-trust laws.
Other examples of agreements that are considered void under the law include agreements that infringe upon the rights of the parties involved, agreements that are against public policy, and agreements that are entered into by parties who lack the capacity to contract.
So, why are these agreements declared void? The answer is simple – to protect the interests of the public and to ensure fairness in transactions. Agreements that are against public policy, for example, are deemed unenforceable because they threaten the stability of society and may cause harm to the public as a whole.
Now, how are agreements expressly declared void handled under the law? In most cases, these agreements are simply not enforceable, and any attempt to do so will be struck down by the courts. In some instances, however, parties may challenge the non-enforceability of an agreement, leading to legal proceedings and court decisions.
In conclusion, agreements expressly declared void play an important role in maintaining the integrity of the legal system and ensuring that parties are treated fairly in transactions. As a professional, it is important to acknowledge the significance of such agreements and to provide accurate information to readers regarding their legal status and implications.