Contracts & ExecutionQuestion 860 of 1605
A 'voidable' contract differs from a 'void' contract in that a voidable contract:
a.Is valid and enforceable unless the party with the power to do so elects to disaffirm it
b.Has no legal effect whatsoever from the beginning
c.Can never be enforced by anyone
d.Must always be in writing
Explanation
A voidable contract is a valid, enforceable contract that one party has the legal power to affirm or to disaffirm (cancel), for reasons such as minority, fraud, duress, or undue influence. Until that party elects to void it, the contract remains in force. A void contract, by contrast, has no legal effect at all from the start, for instance because its object is illegal. Voidability is not determined by whether the contract is written.
Practice all 1605 questions free — no signup required.
Related questions on this topic
- A contract term is 'ambiguous' when:
- Under the rule of 'contra proferentem,' an ambiguous contract term is generally construed:
- In interpreting a contract that has both typed and pre-printed (form) terms that conflict, courts commonly give priority to:
- A contractor signs a contract only after the owner threatens physical harm unless the contractor signs. The contract is most likely:
- 'Undue influence' as a ground to rescind a contract typically involves:
- A mutual mistake of a material fact by both parties at the time of contracting may allow:
Last reviewed: · editorial process
Sen Lin, PrepPass Founder · Verified against California CSLB Contractor License Law & Business Exam · How we review
Reviewed by Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — verify)