Void And Voidable Flashcards
1
Q
What’s the difference between void and voidable?
A
Void contract can’t be enforced from the start where a voidable contract is valid but can be canceled due to irregularities.
2
Q
How can a minor make a valid or invalid voidable contract?
A
Minor can make a voidable contract legal by affirming it or making it illegal by disaffirming the contract
3
Q
What is void abnitio?
A
An illegal contract from the start