Void Agreements

VOID AGREEMENTS

SECTION 26 AGREEMENT IN RESTRAINT OF MARRIAGE

Every agreement in restraint of marriage of any person, other than a minor , is void.

Section 27 Every agreement by which any person is restrained from exercising a lawful trade , profession , business of any kind is to that extent void Exceptions Statutory Sale of goodwill Partnership law 2. Judicial Service agreements Solus or exclusive dealing agreements Trade combinations

Section 28 Agreement in restraint of legal proceedings Every agreement, by which any party thereto is restricted absolutely from exercising his lawful rights in respect of the contract or which limits the time within which he may enforce his rights, is to that extent void. Exception Arbitration

Section 29 Ambiguous agreements Agreements, the meaning of which is not certain or capable of being made certain, are void. Illustrations Price for the goods to be decided by a third party Price to be paid if the article is lucky Tenant to pay rent after deducting cost of repairs Price payable only when able

Section 30 Wagering agreements What is a wager? A promise to pay money or moneys’ worth upon determination or ascertainment of an uncertain event. Essentials 1. 2. 3. 4.

Uncertain event Mutual chances of gain or loss Neither party to have any control over the event The parties not to have any interest in the event except the amount of bet.