A contract that is void
A)is one that exists,but by reason of some mistake can be set aside.
B)is one that exists,but is merely unenforceable.
C)is one that does not exist,but can still be set aside.
D)is one that does not exist unless a party wants it to,at which time it becomes enforceable.
E)is one that never exists so as to give rise to rights under it.

Question

Quizplus · Accepted Answer

A contract that is void is one that never existed so as to give rise to rights under it. This could occur if the contract was prohibited by law, lacked a necessary element (such as consideration), or was based on fraudulent or illegal activity.

A Contract That Is Void