Question: A voidable contract is:

Written by Posted On Thursday, 09 January 2020 05:00

(A) Unenforceable
(B) Illegal
(C) Enforceable
(D) Valid until some action is taken to void it


Answer:  (D)  “Voidable” indicates the contract is binding on both parties until some action is taken by the wronged party to unilaterally rescind the contract.

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