Andy agrees to sell his painting to Bill. At the time the contract is made, the painting is destroyed by fire. The legal effect of this contract is:

Name: Andy agrees to sell his painting to Bill. At the time the contract is made, the painting is destroyed by fire. The legal effect of this contract is:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The contract is void because the subject matter of the contract (the painting) no longer exists. There is nothing left for Andy to sell and for Bill to buy.

Andy Agrees to Sell His Painting to Bill