Law · Law of Contracts
Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R. Assertion A: A contract labeled as 'void ab initio' is initially legally effective and can be enforced in a court of law until one party exercises their option to void it. Reason R: The legal doctrine 'void ab initio' translates to 'void from the beginning,' describing a contract that is fundamentally flawed and entirely legally ineffective from the exact moment of its inception. In the light of the above statements, choose the most appropriate answer from the options given below:
- 1A is not correct but R is correct✓
- 2A is correct but R is not correct
- 3Both A and R are correct but R is NOT the correct explanation of A
- 4Both A and R are correct and R is the correct explanation of A
Correct answer
A is not correct but R is correct
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