Asked by
SAMONWAN KAEWBOONREUNG
on Nov 21, 2024
Verified
If the parties have entered into a voidable contract, the contract may be ________.
A) illegal
B) rescinded
C) unallowed
D) assigned
E) rewritten
Voidable Contract
An agreement that may be annulled or declared void by one of the parties due to certain legal deficiencies or circumstances.
Rescinded
The act of revoking, canceling, or repealing a contract, decision, or agreement, making it as if it never existed.
- Recognize legal terms and concepts related to contract rescission and voidable contracts, like mutual mistake and duress.
- Gain insight into the essential elements of legal assent in contract law, and how judicial bodies ascertain the validity of contracts.
Verified Answer
DM
Learning Objectives
- Recognize legal terms and concepts related to contract rescission and voidable contracts, like mutual mistake and duress.
- Gain insight into the essential elements of legal assent in contract law, and how judicial bodies ascertain the validity of contracts.
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