The only caveat is that the agreement should be reasonable depending on the nature of the transaction. This exception should only be to protect the interests of a goodie buyer. If this provision is not provided, the seller may write another transaction after the sale of his value, which will in fact attract all the customers of the buyer of the value. [11] A zero contract is a contract or contract that no longer has legal value. Unlike an ab-initio, these contracts contained in one place the elements enumerated in the Indian Contract Act and are therefore considered, at least initially, as valid legal constructs that engage both parties. Some options for a contract to be legally null and foreur: an agreement to perform an illegal act is an example of non-agreement. For example, a contract between dealers and buyers is a non-contract, simply because the terms of the contract are illegal. In such a case, neither party can take legal action to enforce the contract. An inconclusive contract is invalid from the outset, while a cancelled contract may be cancelled by one or all parties. A cancelled contract is not invalidated by initio, but becomes invalidated later due to certain changes in the condition. In summary, the contracting parties do not have discretion in a nullity contract. Contracting parties are not entitled to enforce a nullity contract.

[2] While a nullity contract is often considered non-executable, a contract may be considered inconclusive if the agreement is feasible, but the circumstances surrounding the agreement are questionable. These include agreements reached where a party has withheld information or has voluntarily provided inaccurate information. If items are not disclosed, as required by law, or if information is misrepreserated, the contract may be cancelled, but does not automatically invalidate it. In cases where one party may withdraw from the contract due to the illegal or (no) acts of the other party, the contract or agreement expires. Agreements as a bet are not considered; and no action is taken for debt collection, nor is it entrusted to a person to hold the result of a game or other uncertain event in which a salary is taken out.