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CA Foundation doubt

What's the difference between void and Voidable Also how to identify whether the statement is void or Voidable Pls help with your opinions...

Asked by Dhruv6 Sept 2024238 views

3 answers

  1. Kaviya · 6 Sept 2024

    Void means contact which cannot be enforceable (null)...whereas in the voidable contract the affected party can make it either as valid or void

  2. YUVASREE · 6 Sept 2024

    Voidable means that one of the parties to a contract can avoid the contract.If he(affected party) avoids it ,the contract becomes void.If he doesn't avoid ,the contract is valid.the contract should be avoided within reasonable time.

  3. Anushree · 6 Sept 2024

    void means the contract is null, voidable means any one of the parties can make it void or keep it the same

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