Contracts
What does it mean for a contract to be 'void' versus 'voidable'?
AA void contract can be enforced; a voidable contract cannot
BA void contract has no legal effect from the start; a voidable contract is valid but may be canceled by one party✓ Correct
CBoth terms mean the contract is unenforceable by either party
DA voidable contract has never been signed; a void contract was canceled after signing
Explanation
A void contract is null from inception and cannot be enforced by either party (e.g., an illegal contract). A voidable contract is valid and enforceable unless the party with the right to rescind (e.g., a minor or defrauded party) chooses to cancel it.
Related California Contracts Questions
- When a buyer makes a counteroffer to a seller's counter-counteroffer, what happens to the original offer?
- What is 'assignment' of a contract?
- A contract that is 'voidable' differs from a 'void' contract in that:
- Under California's Statute of Frauds, which of the following real estate agreements must be in writing to be enforceable?
- The legal remedy of 'specific performance' in a real estate contract means:
- A real estate purchase contract is fully executed when:
- In real estate, 'rescission' means:
- What is an 'earnest money deposit' in a real estate transaction?
Practice More California Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free California Quiz →