Contracts
In Colorado, a contract that violates a statute or public policy is:
AVoidable at the option of either party
BVoid and unenforceable by either party✓ Correct
CEnforceable only in commercial transactions
DValid until challenged in court
Explanation
A contract that violates a statute or public policy is void — unenforceable by either party from the outset. This differs from a voidable contract, which is valid unless the protected party elects to cancel it.
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