Contracts
A contract for the purchase of real estate is 'voidable' when:
AA. It lacks consideration
BB. One party has the legal right to rescind it, such as a minor's contract✓ Correct
CC. Both parties have signed without witnesses
DD. The property description is missing
Explanation
A voidable contract is valid and enforceable unless the party with the right to void it chooses to do so. Common examples include contracts signed by minors (who can void) or contracts obtained through duress or fraud.
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