Question

Distinguish:
void & voidabale contract​

Answer 1

Answer:

With a void contract, the contract can't become valid just by both parties agreeing, as you can't commit to doing something illegal. Voidable contracts can be made valid if the party who isn't bound agrees to give up their rights to rescission. Examples of void contracts could include prostitution or gambling.

Answer 2

Answer:

With a void contract, the contract can't become valid just by both parties agreeing, as you can't commit to doing something illegal. Voidable contracts can be made valid if the party who isn't bound agrees to give up their rights to rescission. Examples of void contracts could include prostitution or gambling.

Hope it helps you