Formation - Enforceaability Flashcards
1
Q
What is a void contract
A
Entire transaction is null, as if no K existed
2
Q
What are voidable K?
A
Operates as valid K UNTIL one party takes steps to avoid it
3
Q
What are the unenforceable K?
A
Valid K that cannot be enforced if one party refused to carry out its terms
Example????
