Contracts
A void contract is one that is:
AEnforceable at the option of one party
BHas no legal effect and cannot be enforced by either party✓ Correct
CBinding unless one party chooses to cancel it
DTemporarily unenforceable until a condition is met
Explanation
A void contract is not a contract at all — it has no legal existence or effect and cannot be enforced by either party. Examples include contracts for illegal purposes or contracts that lack essential elements such as consideration.
Related Tennessee Contracts Questions
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