impossible contract

impossible contract
A contract to do a thing which is in the nature of things impossible. Such a contract is to be distinguished from one which could be performed by anyone possessing the means, skill and knowledge requisite for performance, but which the party is unable to perform; as a contract binding a party to pay money who is without funds to pay. Klauber v San Diego Street Car Co. 95 Cal 353, 30 P 555.

Ballentine's law dictionary. . 1998.

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  • impossible contract — One which the law will not hold binding upon the parties, because of the natural or legal impossibility of the performance by one party of that which is the consideration for the promise of the other …   Black's law dictionary

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