Contracts
An Arizona contract that is 'void' means that:
AThe contract is valid but can be canceled by one party
BThe contract has no legal effect and cannot be enforced by either party✓ Correct
CThe contract requires court approval to be enforced
DThe contract is valid until one party takes action to cancel it
Explanation
A void contract has no legal existence from the beginning and cannot be enforced by either party. An example is a contract for an illegal purpose or one lacking essential elements.
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