Void (law)

An action, document, or transaction which is void is of no legal effect whatsoever: an absolute nullity—the law treats it as if it had never existed or happened.

[3] The significance of this usually lies in the possibility of third party rights being acquired in good faith.

Blenkarn then sold the handkerchiefs on to an innocent third party, Cundy, but Lindsay was never paid.

In every case, third parties involved with bad faith in void or voidable contracts not only are affected by nullity, but may also be liable for statutory damages.

Such considerations do not apply to matters affected by absolute nullity, or void ab initio.