9:32
[kevin oleary]
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LSDefine
Simple English definitions for legal terms
impossible contract
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A quick definition of impossible contract:
An impossible contract is an agreement between two or more parties that cannot be fulfilled. A contract is a promise or set of promises that the law recognizes as a duty. It can be a series of actions or a written document that sets forth the agreement. However, the term "contract" should not be confused with the physical document itself. An impossible contract cannot be enforced because it is not possible to fulfill the obligations created by the agreement.
A more thorough explanation:
An impossible contract is a type of contract that cannot be fulfilled due to its terms or conditions. A contract is an agreement between two or more parties that creates legal obligations that can be enforced by law.
For example, if a contract requires a person to perform an act that is impossible to do, such as jumping over a building, it is considered an impossible contract. Another example is if a contract requires a person to do something that is illegal, such as selling drugs, it is also considered an impossible contract.
Impossible contracts are not enforceable by law because they are impossible to fulfill. Therefore, if a person enters into an impossible contract, they cannot be held liable for not fulfilling the terms of the contract.
Overall, an impossible contract is a contract that cannot be fulfilled due to its terms or conditions, and it is not enforceable by law.