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A contract which is devoid of legal effect is

Commerce
JAMB 2014

A contract which is devoid of legal effect is

  • A. void contract
  • B. unenforceable contract
  • C. voidable contract
  • D. valid contract
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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.


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