Examlex
Define and explain the term "planning" in the context of marketing.
Void Contract
A null agreement that lacks legal enforceability from its inception.
Voidable Contract
A contract that appears valid but may be legally declared void at the discretion of one of the parties due to factors like fraud, coercion, or incapacity.
Privity of Contract
A legal principle which holds that only parties to a contract can sue or be sued on that contract, highlighting the direct relationship involved.
Void Contract
A legal agreement that is invalid from the outset and has no legal effect, therefore cannot be enforced by law.
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