Contracts
A Maryland contract that is 'voidable' differs from one that is 'void' in that:
AThey are the same thing
BA voidable contract is valid until one party exercises their right to rescind it; a void contract has no legal effect from the start✓ Correct
CA void contract can be ratified; a voidable one cannot
DOnly MREC can declare a contract void
Explanation
A void contract is not a contract at all (e.g., illegal purpose). A voidable contract is valid but may be rescinded by one party who has a legal right to do so (e.g., a minor's contract).
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