Contracts
A real estate contract that lacks consideration is:
AVoidable at the option of either party
BVoid and unenforceable✓ Correct
CValid but only for 30 days
DEnforceable if both parties are adults
Explanation
Consideration — something of value exchanged by each party — is a required element for a valid contract. A contract without consideration is void (not merely voidable) and has no legal effect.
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