Contracts
A voidable contract in Mississippi is one that:
AHas no legal effect whatsoever
BIs valid but can be rescinded by one party due to a defect such as misrepresentation or incapacity✓ Correct
CHas been canceled by mutual agreement
DIs missing an essential element
Explanation
A voidable contract is binding unless the party with the right to rescind elects to void it. Common grounds include misrepresentation, fraud, undue influence, or a party's incapacity.
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