Which of the Following Is True About Void and Voidable

question 62

Multiple Choice

Which of the following is true about void and voidable contracts?

• A)A void contract is not a contract at all;a voidable contract can be terminated by one party.
• B)Both parties must agree to terminate a void or a voidable contract because otherwise there would be no privity.
• C)Either party can terminate the contract at any time.
• D)Both contracts are illegal.
• E)Both contracts must contain an illegal object.

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