What Is the Difference Between a Void and a Voidable

question 17

Multiple Choice

What is the difference between a void and a voidable contract?

• A)A voidable contract violates a statute whereas a void contract is enforceable.
• B)A void contract cannot be enforced by either party and under voidable contracts, one party has a choice about enforcement.
• C)A void contract applies to minors' contracts and voidable applies to all others' contracts.
• D)A void contract is one that should have been in writing, but is not.

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Definitions:

Allow Value List Edits

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Lookup Field

A field in databases and spreadsheets that retrieves and displays data from another table or list, based on a specific query or criterion.

Edit List

The process of adding, removing, or modifying items within a list to update or manage its contents.

Capacity Building

Efforts or initiatives aimed at enhancing the skills, competencies, and abilities of individuals or organizations for improved performance.