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A Void Contract is ___
  • a)
    An agreement which is not enforceable by law
  • b)
    A Contract which ceases to be enforceable by law
  • c)
    An agreement which is voidable at the option of promisee
  • d)
    An agreement which is voidable at the option of promisor 
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
A Void Contract is ___a)An agreement which is not enforceable by lawb)...
A void contract is a formal agreement that is illegitimate and unenforceable from the moment it is created. There is some overlap in the causes that can make a contract void and the causes that can make it voidable.
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A Void Contract is ___a)An agreement which is not enforceable by lawb)A Contract which ceases to be enforceable by lawc)An agreement which is voidable at the option of promiseed)An agreement which is voidable at the option of promisorCorrect answer is option 'B'. Can you explain this answer?
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