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[Music] today we are going to talk about what makes a contract valid void or voidable lets start with a valid contract a valid contract is one that meets the basic elements of contract law for example you sign to buy a blue house the house is blue the contract is valid easy peasy next lets discuss avoidable contract so lets take that blue house you you signed to get a blue house and youre very excited about your blue house but when you show up lo and behold the house is the Hideous color of green oh no now what do you do well you have the option to resend out of the contract because you agreed for a blue house the house is now green but this is not void this is voidable because you may like that color green and maybe youre thing so you have the option to follow through with that contract contracts that have fraud frud or misrepresentation are also avoidable also contracts that are signed under duress for example if somebodys holding a gun to your head saying sign this contract to
