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Contracts Practice Question

The difference between void and voidable contracts is:
A
Void lacks essentials; voidable has elements but can be rejected
B
They are interchangeable terms
C
Voidable for residential; void for any transaction
D
Voidable lacks essentials; void has elements
Explanation

A void contract lacks essential elements and is unenforceable from the start. A voidable contract is valid but can be voided at the option of one party due to certain defects.

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