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An Agreement Which Cannot Be Performed Known as Mcq

An agreement which cannot be performed, also known as MCQ (Mere agreement to create a quasi-contract), is a concept in contract law that refers to a situation where two parties enter into an agreement that cannot be performed.

This type of agreement can occur for various reasons, such as if the subject matter of the agreement is illegal or if one of the parties lacks the necessary capacity to enter into a contract. Whatever the reason, when an agreement cannot be performed, the parties cannot legally enforce it.

In such cases, the law imposes what is known as a quasi-contract. A quasi-contract is a legal remedy that is designed to prevent one party from unjustly benefiting from the other party`s loss. It is also known as an implied in law contract, meaning that it does not require an express agreement between the parties.

For example, if a person hires a contractor to build a house on a piece of land, but the land is later discovered to be owned by someone else, the agreement cannot be performed. In this case, the contractor may be entitled to payment for the work completed up to that point, but the owner of the land cannot be forced to sell it to the person who hired the contractor. Instead, the law will impose a quasi-contract, which would require the owner of the land to pay the contractor for the work already completed.

It is important to note that MCQ agreements are not the same as void contracts. Void contracts are agreements that are illegal or against public policy from the outset, whereas MCQ agreements become unenforceable after the agreement has been entered into. Void contracts are considered to have never existed, and therefore there is no need for a quasi-contract.

In conclusion, an agreement which cannot be performed, known as MCQ, is a legal concept that can arise in contract law when an agreement cannot be enforced. In such cases, a quasi-contract may be imposed to ensure that one party is not unjustly enriched at the expense of the other party. As a professional, it is important to have a clear and concise understanding of legal concepts to effectively communicate information to readers.