100 IMPORTANT MULTIPLE CHOICE QUESTIONS WITH ANSWERS RELATED TO VOID AND VOIDABLE CONTRACT

A void contract is one that is:
a) Legally binding
b) Invalid from the beginning
c) Terminated by mutual agreement
d) Suspended temporarily

Answer: b) Invalid from the beginning

A voidable contract is one that can be:
a) Cancelled by either party
b) Modified by either party
c) Enforced by either party
d) Ignored by either party

Answer: a) Cancelled by either party

Which of the following makes a contract void?
a) Lack of consideration
b) Minor’s consent
c) Mental incapacity of a party
d) All of the above

Answer: d) All of the above

A contract entered into by a person of unsound mind is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: b) Voidable

An agreement with a minor is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: a) Void

A contract induced by undue influence is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: b) Voidable

Which of the following is an example of a void contract?
a) A contract made with a minor
b) A contract made under duress
c) A contract made by a person of unsound mind
d) All of the above

Answer: d) All of the above

A voidable contract can be ratified by:
a) Express agreement of the parties
b) Implied agreement of the parties
c) Performance of the contract
d) All of the above

Answer: d) All of the above

An agreement made by a person who is intoxicated is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: b) Voidable

Which of the following is NOT a ground for declaring a contract voidable?
a) Misrepresentation
b) Fraud
c) Coercion
d) Legality

Answer: d) Legality

A contract induced by fraud is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: b) Voidable

Which of the following is an example of a voidable contract?
a) A contract entered into by a person who is of sound mind
b) A contract induced by coercion
c) A contract with a minor for necessaries
d) All of the above

Answer: b) A contract induced by coercion

A contract made under duress is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: b) Voidable

A contract becomes void when:
a) The parties mutually agree to terminate it
b) The object of the contract becomes impossible
c) The consideration is inadequate
d) The parties fail to perform their obligations

Answer: b) The object of the contract becomes impossible

Which of the following is an example of a void contract?
a) A contract entered into by two parties of sound mind
b) A contract made with a person who lacks capacity due to mental illness
c) A contract induced by misrepresentation
d) All of the above

Answer: b) A contract made with a person who lacks capacity due to mental illness

A contract that is void ab initio means:
a) The contract is void from the beginning
b) The contract is voidable at any time
c) The contract is valid until terminated
d) The contract is unenforceable by law

Answer: a) The contract is void from the beginning

Which of the following is NOT a condition for a contract to be voidable?
a) Lack of free consent
b) The contract is induced by coercion
c) The contract is for illegal activities
d) The contract is entered into by a minor

Answer: c) The contract is for illegal activities

A voidable contract can be avoided by:
a) The party who was coerced
b) Either party involved
c) The party who misrepresented the facts
d) The party who lacks capacity

Answer: b) Either party involved

A contract becomes void when:
a) One party fails to fulfill their obligations
b) The parties mutually agree to terminate it
c) The contract is induced by undue influence
d) The consideration is inadequate

Answer: b) The parties mutually agree to terminate it

Which of the following is an example of a void contract?
a) A contract entered into by two parties who are of sound mind
b) A contract made under duress
c) A contract induced by mistake
d) All of the above

Answer: b) A contract made under duress

An agreement with a person who is declared insolvent is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: a) Void

A contract induced by misrepresentation is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: b) Voidable

Which of the following is an example of a voidable contract?
a) A contract entered into by two parties of sound mind
b) A contract induced by fraud
c) A contract made with a minor for necessaries
d) All of the above

Answer: b) A contract induced by fraud

A contract induced by mistake is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: b) Voidable

Which of the following is a ground for declaring a contract void?
a) Misrepresentation
b) Mistake
c) Coercion
d) All of the above

Answer: d) All of the above

An agreement with a person who lacks capacity due to mental illness is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: b) Voidable

A contract becomes void when:
a) One party fails to fulfill their obligations
b) The parties mutually agree to terminate it
c) The contract is induced by undue influence
d) The consideration is inadequate

Answer: b) The parties mutually agree to terminate it

Which of the following is NOT a ground for declaring a contract voidable?
a) Misrepresentation
b) Fraud
c) Coercion
d) Legality

Answer: d) Legality

A voidable contract can be ratified by:
a) Express agreement of the parties
b) Implied agreement of the parties
c) Performance of the contract
d) All of the above

Answer: d) All of the above

An agreement made by a person who is intoxicated is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: b) Voidable

Which of the following is an example of a voidable contract?
a) A contract entered into by a person who is of sound mind
b) A contract induced by coercion
c) A contract with a minor for necessaries
d) All of the above

Answer: b) A contract induced by coercion

A contract made under duress is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: b) Voidable

A contract becomes void when:
a) The parties mutually agree to terminate it
b) The object of the contract becomes impossible
c) The consideration is inadequate
d) The parties fail to perform their obligations

Answer: b) The object of the contract becomes impossible

Which of the following is an example of a void contract?
a) A contract entered into by two parties of sound mind
b) A contract made with a person who lacks capacity due to mental illness
c) A contract induced by misrepresentation
d) All of the above

Answer: b) A contract made with a person who lacks capacity due to mental illness

A contract that is void ab initio means:
a) The contract is void from the beginning
b) The contract is voidable at any time
c) The contract is valid until terminated
d) The contract is unenforceable by law

Answer: a) The contract is void from the beginning

Which of the following is NOT a condition for a contract to be voidable?
a) Lack of free consent
b) The contract is induced by coercion
c) The contract is for illegal activities
d) The contract is entered into by a minor

Answer: c) The contract is for illegal activities

A voidable contract can be avoided by:
a) The party who was coerced
b) Either party involved
c) The party who misrepresented the facts
d) The party who lacks capacity

Answer: b) Either party involved

A contract becomes void when:
a) One party fails to fulfill their obligations
b) The parties mutually agree to terminate it
c) The contract is induced by undue influence
d) The consideration is inadequate

Answer: b) The parties mutually agree to terminate it

Which of the following is an example of a void contract?
a) A contract entered into by two parties who are of sound mind
b) A contract made under duress
c) A contract induced by mistake
d) All of the above

Answer: b) A contract made under duress

An agreement with a person who is declared insolvent is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: a) Void

A contract induced by misrepresentation is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: b) Voidable

Which of the following is an example of a voidable contract?
a) A contract entered into by two parties of sound mind
b) A contract induced by fraud
c) A contract made with a minor for necessaries
d) All of the above

Answer: b) A contract induced by fraud

A contract induced by mistake is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: b) Voidable

Which of the following is a ground for declaring a contract void?
a) Misrepresentation
b) Mistake
c) Coercion
d) All of the above

Answer: d) All of the above

An agreement with a person who lacks capacity due to mental illness is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: b) Voidable

A contract becomes void when:
a) One party fails to fulfill their obligations
b) The parties mutually agree to terminate it
c) The contract is induced by undue influence
d) The consideration is inadequate

Answer: b) The parties mutually agree to terminate it

Which of the following is NOT a ground for declaring a contract voidable?
a) Misrepresentation
b) Fraud
c) Coercion
d) Legality

Answer: d) Legality

A voidable contract can be ratified by:
a) Express agreement of the parties
b) Implied agreement of the parties
c) Performance of the contract
d) All of the above

Answer: d) All of the above

An agreement made by a person who is intoxicated is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: b) Voidable

Which of the following is an example of a voidable contract?
a) A contract entered into by a person who is of sound mind
b) A contract induced by coercion
c) A contract with a minor for necessaries
d) All of the above

Answer: b) A contract induced by coercion

A contract made under duress is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: b) Voidable

A contract becomes void when:
a) The parties mutually agree to terminate it
b) The object of the contract becomes impossible
c) The consideration is inadequate
d) The parties fail to perform their obligations

Answer: b) The object of the contract becomes impossible

Which of the following is an example of a void contract?
a) A contract entered into by two parties of sound mind
b) A contract made with a person who lacks capacity due to mental illness
c) A contract induced by misrepresentation
d) All of the above

Answer: b) A contract made with a person who lacks capacity due to mental illness

A contract that is void ab initio means:
a) The contract is void from the beginning
b) The contract is voidable at any time
c) The contract is valid until terminated
d) The contract is unenforceable by law

Answer: a) The contract is void from the beginning

Which of the following is NOT a condition for a contract to be voidable?
a) Lack of free consent
b) The contract is induced by coercion
c) The contract is for illegal activities
d) The contract is entered into by a minor

Answer: c) The contract is for illegal activities

A voidable contract can be avoided by:
a) The party who was coerced
b) Either party involved
c) The party who misrepresented the facts
d) The party who lacks capacity

Answer: b) Either party involved

A contract becomes void when:
a) One party fails to fulfill their obligations
b) The parties mutually agree to terminate it
c) The contract is induced by undue influence
d) The consideration is inadequate

Answer: b) The parties mutually agree to terminate it

Which of the following is an example of a void contract?
a) A contract entered into by two parties who are of sound mind
b) A contract made under duress
c) A contract induced by mistake
d) All of the above

Answer: b) A contract made under duress

An agreement with a person who is declared insolvent is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: a) Void

A contract induced by misrepresentation is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: b) Voidable

Which of the following is an example of a voidable contract?
a) A contract entered into by two parties of sound mind
b) A contract induced by fraud
c) A contract made with a minor for necessaries
d) All of the above

Answer: b) A contract induced by fraud

A contract induced by mistake is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: b) Voidable

Which of the following is a ground for declaring a contract void?
a) Misrepresentation
b) Mistake
c) Coercion
d) All of the above

Answer: d) All of the above

An agreement with a person who lacks capacity due to mental illness is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: b) Voidable

A contract becomes void when:
a) One party fails to fulfill their obligations
b) The parties mutually agree to terminate it
c) The contract is induced by undue influence
d) The consideration is inadequate

Answer: b) The parties mutually agree to terminate it

Which of the following is NOT a ground for declaring a contract voidable?
a) Misrepresentation
b) Fraud
c) Coercion
d) Legality

Answer: d) Legality

A voidable contract can be ratified by:
a) Express agreement of the parties
b) Implied agreement of the parties
c) Performance of the contract
d) All of the above

Answer: d) All of the above

An agreement made by a person who is intoxicated is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: b) Voidable

Which of the following is an example of a voidable contract?
a) A contract entered into by a person who is of sound mind
b) A contract induced by coercion
c) A contract with a minor for necessaries
d) All of the above

Answer: b) A contract induced by coercion

A contract made under duress is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: b) Voidable

A contract becomes void when:
a) The parties mutually agree to terminate it
b) The object of the contract becomes impossible
c) The consideration is inadequate
d) The parties fail to perform their obligations

Answer: b) The object of the contract becomes impossible

Which of the following is an example of a void contract?
a) A contract entered into by two parties of sound mind
b) A contract made with a person who lacks capacity due to mental illness
c) A contract induced by misrepresentation
d) All of the above

Answer: b) A contract made with a person who lacks capacity due to mental illness

A contract that is void ab initio means:
a) The contract is void from the beginning
b) The contract is voidable at any time
c) The contract is valid until terminated
d) The contract is unenforceable by law

Answer: a) The contract is void from the beginning

Which of the following is NOT a condition for a contract to be voidable?
a) Lack of free consent
b) The contract is induced by coercion
c) The contract is for illegal activities
d) The contract is entered into by a minor

Answer: c) The contract is for illegal activities

A voidable contract can be avoided by:
a) The party who was coerced
b) Either party involved
c) The party who misrepresented the facts
d) The party who lacks capacity

Answer: b) Either party involved

A contract becomes void when:
a) One party fails to fulfill their obligations
b) The parties mutually agree to terminate it
c) The contract is induced by undue influence
d) The consideration is inadequate

Answer: b) The parties mutually agree to terminate it

Which of the following is an example of a void contract?
a) A contract entered into by two parties who are of sound mind
b) A contract made under duress
c) A contract induced by mistake
d) All of the above

Answer: b) A contract made under duress

An agreement with a person who is declared insolvent is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: a) Void

A contract induced by misrepresentation is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: b) Voidable

Which of the following is an example of a voidable contract?
a) A contract entered into by two parties of sound mind
b) A contract induced by fraud
c) A contract made with a minor for necessaries
d) All of the above

Answer: b) A contract induced by fraud

A contract induced by mistake is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: b) Voidable

Which of the following is a ground for declaring a contract void?
a) Misrepresentation
b) Mistake
c) Coercion
d) All of the above

Answer: d) All of the above

An agreement with a person who lacks capacity due to mental illness is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: b) Voidable

A contract becomes void when:
a) One party fails to fulfill their obligations
b) The parties mutually agree to terminate it
c) The contract is induced by undue influence
d) The consideration is inadequate

Answer: b) The parties mutually agree to terminate it

Which of the following is NOT a ground for declaring a contract voidable?
a) Misrepresentation
b) Fraud
c) Coercion
d) Legality

Answer: d) Legality

A voidable contract can be ratified by:
a) Express agreement of the parties
b) Implied agreement of the parties
c) Performance of the contract
d) All of the above

Answer: d) All of the above

An agreement made by a person who is intoxicated is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: b) Voidable

Which of the following is an example of a voidable contract?
a) A contract entered into by a person who is of sound mind
b) A contract induced by coercion
c) A contract with a minor for necessaries
d) All of the above

Answer: b) A contract induced by coercion

A contract made under duress is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: b) Voidable

A contract becomes void when:
a) The parties mutually agree to terminate it
b) The object of the contract becomes impossible
c) The consideration is inadequate
d) The parties fail to perform their obligations

Answer: b) The object of the contract becomes impossible

Which of the following is an example of a void contract?
a) A contract entered into by two parties of sound mind
b) A contract made with a person who lacks capacity due to mental illness
c) A contract induced by misrepresentation
d) All of the above

Answer: b) A contract made with a person who lacks capacity due to mental illness

A contract that is void ab initio means:
a) The contract is void from the beginning
b) The contract is voidable at any time
c) The contract is valid until terminated
d) The contract is unenforceable by law

Answer: a) The contract is void from the beginning

Which of the following is NOT a condition for a contract to be voidable?
a) Lack of free consent
b) The contract is induced by coercion
c) The contract is for illegal activities
d) The contract is entered into by a minor

Answer: c) The contract is for illegal activities

A voidable contract can be avoided by:
a) The party who was coerced
b) Either party involved
c) The party who misrepresented the facts
d) The party who lacks capacity

Answer: b) Either party involved

A contract becomes void when:
a) One party fails to fulfill their obligations
b) The parties mutually agree to terminate it
c) The contract is induced by undue influence
d) The consideration is inadequate

Answer: b) The parties mutually agree to terminate it

Which of the following is an example of a void contract?
a) A contract entered into by two parties who are of sound mind
b) A contract made under duress
c) A contract induced by mistake
d) All of the above

Answer: b) A contract made under duress

An agreement with a person who is declared insolvent is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: a) Void

A contract induced by misrepresentation is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: b) Voidable

Which of the following is an example of a voidable contract?
a) A contract entered into by two parties of sound mind
b) A contract induced by fraud
c) A contract made with a minor for necessaries
d) All of the above

Answer: b) A contract induced by fraud

A contract induced by mistake is:
a) Void
b) Voidable
c) Valid
d) Enforceable

Answer: b) Voidable