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hi everybody today Im talking about contracts the difference between valid voidable and void Ill say it again valid voidable and void its very important you know the difference between these three elements so first lets go over valid valid is a contract thats all four essential elements what are those four essential elements Mutual consent cable parties lawful object and consideration Ill say it again cable parties consideration lawful object Mutual consent so Id change up the order because the order doesnt really matter as long as you remember those four Essential Elements Mutual consent lawful object consideration and capable of parties if all four essential elements are there you have a valid contract next up you have voidable voidable is a contract that has all those four Essential Elements but it could be rescinded for one reason or another for example if you sign to buy a house and your understanding is that its blue and you signed by a blue house and show up and the hou
