Question

A(n) __________ is one that appears to be an agreement but lacks an essential requirement for validity and enforceability. Multiple Choice executed contract valid contract enforceable contract void contract voidable contract

Answer 1

A document that purports to be an agreement but does not include all necessary terms is known as a void contract. Therefore, choice 3 is right.

What do you mean by a contract?

A contract is defined as a commitment to do something between two or more parties. A loan arrangement between automobile purchasers and sellers is an illustration of a contract.

An arrangement between two persons to get married is an example of a contract.

A formal contract that is effectively void and unenforceable from the moment it is created is known as a void contract.

Hence, the correct option is Void contract to be filled in given blank

Learn more about contracts:

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