Question: has no legal effect contains the essential elements to create a valid contract but some legal defense to its enforcement exists gives one or both
has no legal effect
contains the essential elements to create a valid contract but some
legal defense to its enforcement exists
gives one or both parties the option to void their contractual
obligations
consists of an agreement between the parties, is supported by legally
sufficient consideration, is between parties with contractual
capacity, and accomplishes a lawful object
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