Business, Differences, Law

Difference Between illegal Agreement and Void Agreement?

Difference Between illegal Agreement and Void Agreement?

ILLEGAL AGREEMENT VS VOID AGREEMENT

  ILLEGAL AGREEMENT VOID AGREEMENT
1. PROHIBITED It is prohibited by law. It is not prohibited by law
2. PUNISHABLE The parties are punishable. The parties are not punishable.
3. NATURE illegal agreement is void
agreement from the beginning.
A void agreement is not illegal
agreement.
4. OBJECT The object or motive of illegal
agreement is illegal or unlawful.
The object of void agreement is
not illegal.
5. COLLATERAL AGREEMENT An agreement that is collateral
to an illegal agreement is not
enforceable.
An agreement that is collateral
to a void agreement is
enforceable.
6. RETURN OF BENEFITS The benefits cannot be claimed
back.
The benefits may or may not be
claimed back.
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2 thoughts on “Difference Between illegal Agreement and Void Agreement?

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