About this document
Types of Defective Contracts by perlitainocencio is a document available to read on EtoBox.
1) Defective contracts can be categorized as rescissible, voidable, unenforceable, or void depending on the nature of the defect. 2) Rescissible contracts are valid until rescinded and can be challenged through direct action if there is economic prejudice to an injured party. 3) Voidable contracts are valid until annulled due to incapacity or consent issues, and can be challenged through direct action by the incapacitated party. 4) Unenforceable contracts cannot be enforced in court due to issues like
- Author
- perlitainocencio
- Language
- EN