- Illegality and contract — Performance of contract — Validity of contract
This chapter explores the notion of validity. In the context of the CISG, matters of validity can be understood as those where a contract is considered as void ab initio. Validity is a tool used to serve different policy objectives at different times. Contracts declared as an absolute nullity are mostly for the protection of the legal system as a whole, while relative nullity protects the interests of a party rather than the broader legal system. Additionally, a contract valid only with ratification is essentially void until it receives ratification. The chapter tackles the uniform projects’ approach to validity.
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