Contracts
In Kansas, what is the difference between 'void' and 'voidable' contracts?
AThey are legal terms with identical meanings
BA void contract has no legal effect from the start; a voidable contract is valid but may be rescinded by one party (e.g., due to fraud or incapacity)✓ Correct
CA void contract can be enforced; a voidable contract cannot
DVoid applies only to leases; voidable applies only to purchase contracts
Explanation
A void contract is legally nonexistent and cannot be enforced by either party. A voidable contract is valid and enforceable unless the injured party chooses to rescind it (e.g., due to fraud, misrepresentation, or incapacity).
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