1. A contract that lacks one or more of the basic required elements of a contract...
1. A contract that lacks one or more of the basic required elements of a contract or that has not been formed in conformance with the law from the outset of the agreement is considered
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void. |
||
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enforceable. |
||
|
voidable. |
||
|
valid. |
2. A contract in which one party may disaffirm or enforce the contract is
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a voidable contract. |
||
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a void contract. |
||
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a valid contract. |
||
|
an unenforceable contract. |
Homework Answers
Answers :
1. Void contract , option a is correct .
A void contract is the contract which cannot be enforced by law. Such contracts are void which does not fulfill basic requirements of contracts.
2. Option a is correct i.e. voidable contract. Voidable contract is not void contract. Under this contract one party disaffirm the contract and other party bound to perform.
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1. A contract that lacks one or more of the basic required
elements of a contract...
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