A(n) ____ is when one party to the contract has the right to avoid a legal obligation.
A) executed contract
B) formal contract with an escape clause
C) parol evidence contract
D) ephemeral contract
E) none of the other choices are correct

Question

Quizplus · Accepted Answer

A situation where one party to the contract has the right to avoid a legal obligation is referred to as a voidable contract, which is not listed among the options provided. Therefore, none of the other choices are correct.

A(n) ____ Is When One Party to the Contract Has