Contracts
Which of the following best describes a 'voidable' contract in Alaska?
AA contract that is unenforceable by either party
BA contract that can be affirmed or disaffirmed by the party who has the power to avoid it✓ Correct
CA contract that has already been rescinded
DA contract missing consideration
Explanation
A voidable contract is valid and enforceable unless and until one party (usually the party with legal protection, such as a minor or fraud victim) elects to disaffirm it.
Related Alaska Contracts Questions
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