TYPES OF CONTRACTS

In Contract Law, contracts are categorized based on their legal validity, enforceability, and the nature of the agreement between the parties. Understanding these classifications is essential for analyzing whether a contract can be upheld or challenged in a court of law. The primary types of contracts based on enforceability include Valid Contracts, Void Contracts, Voidable Contracts, and Unenforceable Contracts, as shown in the table below.

In addition to these, contracts may also be classified by other criteria not covered in this table, such as Express and Implied Contracts, Executed and Executory Contracts, Unilateral and Bilateral Contracts, and Quasi-Contracts. These classifications will be discussed separately in the subsequent lessons.