Hello Everyone,
In this video, we will learn about the Classification of Contracts. Through whiteboard animation, the video explains in a very easy manner the difference between the classification of contracts i.e., the difference between valid and void contracts according to contract law.
The video consists of the following two topics:
1. Classification of Contract
2. Differences between the classified types
In the first part of the video, the classification of the contract is explained along with the reasons and examples of how the contract is valid and void.
In the second part, the difference between the following classified types are presented for the understanding of the audience:
1. Valid Contracts
2. Void Contracts
3. Voidable Contracts
The video explains the difference according to the factors that differentiate the valid, void, and voidable contracts.
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