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QUESTION IMAGE

a(n)______contract is a contract that one or both parties have the abil…

Question

a(n)______contract is a contract that one or both parties have the ability to either withdraw from or enforce. multiple choice conditional void valid unconditional voidable

Explanation:

Brief Explanations

To solve this, we analyze each option:

  • "Conditional" contracts depend on a condition, not about withdrawal/enforcement.
  • "Void" contracts are unenforceable from the start, no withdrawal option.
  • "Valid" contracts are enforceable, no withdrawal right.
  • "Unconditional" contracts have no conditions, not about withdrawal/enforcement.
  • "Voidable" contracts allow one/both parties to withdraw or enforce, matching the definition.

Answer:

E. voidable