Contracts
What is the difference between a void contract and a voidable contract?
AA void contract can be ratified; a voidable contract cannot
BA void contract has no legal effect from the start; a voidable contract is valid until rescinded by an aggrieved party✓ Correct
CBoth terms mean the same thing in contract law
DA voidable contract is unenforceable; a void contract is enforceable
Explanation
A void contract has no legal effect — it is treated as if it never existed (e.g., a contract for an illegal purpose). A voidable contract is valid and enforceable until the party with the right to rescind (e.g., a minor or a fraud victim) chooses to void it.
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