Contracts
A real estate contract that is voidable differs from a void contract in that a voidable contract:
AHas no legal effect from its inception
BCan be affirmed or disaffirmed by one of the parties✓ Correct
CMust be voided by a court order
DIs enforceable by both parties without exception
Explanation
A voidable contract is valid and binding unless one party (the one with the right to void) chooses to rescind it. A void contract has no legal effect at all. Examples of voidable contracts include those signed by minors.
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