What does it mean for a contract to be void?

When a contract is described as void, it means that it lacks legal effect and cannot be enforced under the law. This situation arises typically due to factors such as illegality or impossibility, meaning the terms of the contract are not lawful or fulfilling the contract’s terms is not feasible. For instance, a contract for an illegal activity, such as selling drugs, would be void because it is based on an unlawful premise. Similarly, if a contract cannot be performed due to some impossibility, like the subject of the contract being destroyed, it would also be considered void. Thus, the defining characteristic of a void contract is that it has no legal standing and thus cannot be enforced in a court of law, which aligns well with the definition provided in the correct answer.