Contracts
In South Carolina, a contract for the sale of real estate that was entered into through fraud or misrepresentation is:
AVoid and unenforceable by either party
BVoidable at the option of the defrauded party✓ Correct
CAutomatically rescinded by the courts
DValid unless challenged within 30 days
Explanation
A contract induced by fraud or misrepresentation is voidable — the defrauded party may choose to rescind (cancel) it or ratify and enforce it. Only the injured party, not the party who committed the fraud, may elect to void the contract.
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