What is a void contract?

A void contract is an agreement between two or more parties that is not legally valid. This means that the contract cannot be enforced or acted upon by any of the parties involved, meaning it is essentially worthless. In Nebraska, a contract is void when it violates public policy or any state or federal laws. Additionally, if the contract was obtained through fraud or misrepresentation, if the parties are not of legal age, or if either party lacks capacity to enter into the contract, it may also be void. A void contract is in contrast to an enforceable contract, which is legally valid and binding on both parties. If one party breaches the terms of an enforceable contract, the other party may sue for breach of contract. However, a void contract cannot be enforced, and the parties are not legally obligated to perform any of their obligations under the contract. In Nebraska, if there is a dispute over a contract, the court will determine whether or not the contract is void or enforceable. If the contract is found to be void, the court will not force any of the parties to preform any of their obligations within the contract. Instead, the court will discharge the parties from their obligations and the contract will be unenforceable.

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