An impossible contract refers to an agreement between multiple parties that cannot be fulfiled. It is a legally recognized promise or set of promises, which can be in the form of actions or a written document outlining the agreement. However, it is important to note that the term “contract” should not be mistaken for the physical document itself. An impossible contract cannot be enforced due to the inability to fulfil the obligations established by the agreement.
An impossible contract refers to a type of agreement that cannot be carried out due to its terms or conditions. Contracts are legally binding agreements between two or more parties, which can be enforced by law. For instance, if a contract mandates an individual to perform an action that is physically impossible, like leaping over a building, it is categorized as an impossible contract. Similarly, if a contract requires someone to engage in an illegal activity, such as drug trafficking, it is also considered an impossible contract. These contracts cannot be enforced by law since they are unattainable to fulfil. Consequently, if an individual enters into an impossible contract, they cannot be held accountable for failing to meet the contract’s terms. In summary, an impossible contract is an agreement that cannot be fulfiled due to its terms or conditions, and it lacks legal enforceability.
An impossible contract is a contract that cannot be performed due to circumstances beyond the control of the parties involved.
No, an impossible contract is not enforceable because it is impossible to perform.
Yes, an impossible contract can be voided because it is impossible to perform.
If a party breaches an impossible contract, they cannot be held liable for damages because the contract was impossible to perform.
No, an impossible contract cannot be modified because it is impossible to perform.
If an impossible contract becomes possible to perform, the parties may choose to modify the contract or create a new contract.
Yes, an impossible contract can be rescinded because it is impossible to perform.
If an impossible contract was entered into in good faith, the parties may be able to negotiate a resolution or seek legal advice.
No, an impossible contract cannot be enforced if it was entered into fraudulently.
If an impossible contract was entered into due to a mistake, the parties may be able to negotiate a resolution or seek legal advice.
This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
This glossary post was last updated: 16th April 2024.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
- Page URL:https://dlssolicitors.com/define/impossible-contract/
- Modern Language Association (MLA):Impossible Contract. dlssolicitors.com. DLS Solicitors. May 09 2024 https://dlssolicitors.com/define/impossible-contract/.
- Chicago Manual of Style (CMS):Impossible Contract. dlssolicitors.com. DLS Solicitors. https://dlssolicitors.com/define/impossible-contract/ (accessed: May 09 2024).
- American Psychological Association (APA):Impossible Contract. dlssolicitors.com. Retrieved May 09 2024, from dlssolicitors.com website: https://dlssolicitors.com/define/impossible-contract/
Our team of professionals are based in Alderley Edge, Cheshire. We offer clear, specialist legal advice in all matters relating to Family Law, Wills, Trusts, Probate, Lasting Power of Attorney and Court of Protection.
All author posts