Contracts
In Tennessee, a contract that is 'void' is:
AVoidable at the election of one party
BUnenforceable from the beginning — it has no legal effect✓ Correct
CValid until a court declares it void
DEnforceable only if both parties agree
Explanation
A void contract has no legal effect from its inception — as if it never existed. Examples include contracts for illegal purposes or those lacking essential elements such as consideration.
Related Tennessee Contracts Questions
- In Tennessee, a seller who backs out of a signed purchase contract without cause may be subject to:
- In Tennessee, a 'kick-out clause' in a real estate contract allows the seller to:
- A lease with an option to purchase gives the tenant the right to:
- In Tennessee, a contract that is 'executed' means:
- In Tennessee, a 'tender' in a real estate contract means:
- In Tennessee, a 'release clause' in a mortgage allows:
- In Tennessee, a 'purchase and sale agreement' is considered an 'executory contract' until:
- In Tennessee, a purchase agreement that contains a 'due diligence' period allows the buyer to:
Practice More Tennessee Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Tennessee Quiz →