Multiple choice

If the object of any contract is unlawful, it is a _____ contract.

  1. valid

  2. voidable

  3. void

  4. void ab initio

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Any contract unlawful from its inception is void ab initio. If a contract fulfills all conditions, it is valid contract. A contract is voidable if it is caused by fraud, coercion etc. Void contracts are those which were otherwise valid but had become void due to certain event.