Contract Enforceability Key Differences

Summary

In contract law, unenforceable and voidable contracts differ significantly. Unenforceable contracts cannot be enforced in court due to legal deficiencies, such as lack of capacity, duress, fraud, illegality, lack of consideration, or failure to meet the statute of frauds. On the other hand, voidable contracts are valid but can be voided by one party due to circumstances like fraud or duress. Understanding these distinctions is crucial for determining the enforceability of a contract. If you have concerns about a specific contract, consider consulting a legal professional for advice.

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give me reasons for a contract to be unenforable
Here are some reasons a contract might be unenforceable in Texas:
- Lack of capacity: One party is a minor or mentally incompetent.
- Duress or undue influence: One party was forced or unfairly persuaded.
- Fraud or misrepresentation: False statements were made to induce agreement.
- Illegality: The contract involves illegal activities.
- Lack of consideration: No exchange of value.
- Statute of frauds: Not in writing when required.
Is there a specific contract you are concerned about?