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Which insurance coverage is required by law in most states?
Voidable
A legal term describing a transaction or agreement that is valid but may be annulled by one of the parties involved.
Statute of Limitations
A law which sets out the maximum period one can wait before filing a lawsuit, depending on the type of case or claim.
Unenforceable
A term that describes a contract or clause that, due to certain defects or legal principles, cannot be legally compelled or enforced by a court.
Fairness of the Bargain
The equitableness or justness of the terms agreed upon in a contractual agreement.
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