Contracts
An Indiana purchase contract that is voidable may be:
AVoid from inception and unenforceable by either party
BCancelled by the party with the right to rescind, but is valid until that party elects to void it✓ Correct
CEnforced only by the courts
DValid only after notarization
Explanation
A voidable contract is valid and binding unless and until the aggrieved party (e.g., a minor, or a victim of fraud) elects to rescind it. A void contract is unenforceable from the start.
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