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When the contract is entered into under misrepresentation, it is
void
valid
invalid
voidable
- A contract entered into under misrepresentation can be challenged.
- Void: This means a contract is null and has no legal effect from the beginning. Misrepresentation doesn't automatically make a contract void.
- Valid: Despite misrepresentation, if parties choose to go through with the contract, it remains operational unless rescinded.
- Invalid: This isn't a term typically used in contract law to describe a contract's status.
- Voidable: This means the contract is valid until one party decides to void it. Misrepresentation gives the wronged party the option to void the contract.
- .
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