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 – voidable contract

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.