Contracts
A voidable contract in Nebraska is one that:
AHas already been voided by the courts
BIs valid and enforceable but can be canceled by one party due to a defect✓ Correct
CRequires unanimous consent of all parties to modify
DIs automatically void after 6 months
Explanation
A voidable contract appears valid but can be canceled (voided) by the affected party due to a defect such as fraud, misrepresentation, duress, or lack of capacity by one party.
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