ContractsQuestion 64 of 100
A void contract is one that:
a.Can be enforced by either party
b.Is valid until one party cancels it
c.Has no legal effect and cannot be enforced by anyone
d.Requires only oral agreement
Explanation
A void contract has no legal force from the outset, often because its purpose is illegal or an essential element is missing. Neither party can enforce it. This contrasts with a voidable contract, which is valid until the protected party chooses to disaffirm it.
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