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The tutorial distinguishes between void, avoidable, and unenforceable contracts. Void contracts are considered non-existent and produce no effects. In contrast, avoidable contracts are valid until declared invalid. They can have legal effects until one party chooses to set them aside. Moreover, avoidable contracts can be cured by prescription, while void contracts cannot. The discussion also highlights that both principal and subsidiary parties in avoidable contracts may be held liable. Overall, the key difference lies in that void contracts have no legal standing from their inception, while avoidable contracts remain valid until challenged.