Contracts
Which of the following best describes a 'voidable' contract in Idaho real estate?
AA contract that is unenforceable from the beginning
BA contract that is valid and enforceable but that one or both parties have the legal right to rescind under certain circumstances✓ Correct
CA contract that requires court approval to be effective
DA contract that lacks consideration
Explanation
A voidable contract is valid and binding until the party with the right to void it exercises that right. Examples include contracts signed by minors, under duress, or through misrepresentation.
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