Contracts
A contract that is 'voidable' differs from a 'void' contract in that:
AA voidable contract has no legal effect from the beginning, while a void contract can be enforced by either party
BA voidable contract is valid but can be disaffirmed by one party, while a void contract has no legal effect at all✓ Correct
CA voidable contract requires court action to cancel, while a void contract can be canceled by either party
DThere is no legal difference between void and voidable contracts in California
Explanation
A void contract (e.g., one with an illegal purpose) is invalid from inception and cannot be enforced. A voidable contract appears valid but can be disaffirmed by the disadvantaged party (e.g., a minor or a person who was defrauded), while remaining valid until disaffirmed.
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