Contracts
A Wisconsin real estate contract that lacks consideration is:
AValid but unenforceable for 5 years
BVoidable at the option of either party
CVoid — it is missing an essential element of a valid contract✓ Correct
DValid as long as both parties sign
Explanation
Consideration is an essential element of a valid contract. A contract without consideration is void (not merely voidable) because it lacks one of the fundamental requirements for enforceability.
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