Contracts
A contract that is 'void' is different from one that is 'voidable' because a void contract:
ACan be enforced by one party but not the other
BHas no legal effect and cannot be ratified or enforced by either party✓ Correct
CIs enforceable only if both parties agree to it later
DBecomes valid after 30 days if no one objects
Explanation
A void contract has no legal effect whatsoever — it is as if the contract never existed. It cannot be enforced by either party or ratified. An illegal contract is an example of a void contract.
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