Distinguish between void voidable and valid contract

30 Oct 2015 There is a crucial distinction between “void” and “voidable”: If a contract or obligation is voidable, it remains effective until that contract or  The major differences between void contract and voidable contract are as under: A contract which lacks enforceability is Void Contract. Void Contract is defined in section 2 (j) while Voidable Contract is defined in Section 2 (i) A void contract was valid at the time when it is created, but The primary difference between void and voidable contracts is that a void contract can't be legally performed, while a voidable agreement can still be performed, as long as the unbound party doesn't void it prior to performance. Voidable contracts have the following features.

S&p 500 apparel retail

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Advantages of using online payment

All of the above benefits apply to both traditional banks with an online presence and online-only banks. One of the most enticing features of online-only banks is the higher interest you'll receive on your savings and other financial products such as CDs. Advantages of the Mobile Payments: NFC (Near-field Communication) payments are the newest form of accepting credit cards, and if you like to be on the cutting edge of technology you won’t want to be left out; Nearly two-thirds of Americans in 2015 owned a smartphone. Chances are if your customer has a smartphone they will likely have a mobile wallet. One of the biggest benefits of using a mobile payment option is the ability to integrate loyalty and incentive programs into the mobile payment applications. Instead of customers having to keep up with punch cards or key ring tags, all of their information is stored in the application each time they make a purchase with their mobile device.