A contract which is devoid of legal effect is
-
A.
void contract -
B.
unenforceable contract -
C.
voidable contract -
D.
valid contract
Correct Answer: Option C
Explanation
A voidable contract is a formal agreement between two parties that may be rendered unenforceable for a number of legal reasons. Reasons that can make a contract voidable include the following: Failure by one or both parties to disclose a material fact. A mistake, misrepresentation or fraud. Undue influence or duress.