As a professional, I understand the importance of providing concise and informative content that is optimized for search engines. So, let`s dive into the primary difference between a voidable contract and a void contract.

A contract is an agreement that legally binds two or more parties to fulfill their obligations as outlined in the contract`s terms. However, not all contracts are enforceable or valid. There are two types of unenforceable contracts: voidable and void contracts.

A void contract is an agreement that is not legally binding from the outset. This type of contract is considered invalid and unenforceable by law because it involves an illegal act, lack of legal capacity to enter into a contract, or a violation of public policy. In other words, a void contract is as if it never existed in the first place, and neither party can be held responsible for fulfilling their obligations.

On the other hand, a voidable contract is an agreement that is valid and legally binding but can be voided or canceled by one party if certain conditions are met. For example, if one party is coerced or forced into signing the agreement, the contract becomes voidable at their discretion. The voiding of a contract must be done within a reasonable time, or the contract becomes enforceable. In other cases, a contract may be voidable if one party is not mentally competent or is underage.

In summary, the primary difference between a voidable contract and a void contract is that a void contract is not enforceable from the beginning, while a voidable contract is enforceable, but it can be voided at the option of one of the parties involved in certain circumstances.

In conclusion, understanding the difference between a voidable contract and a void contract is essential in business and legal settings. Being able to identify and distinguish between the two types of contracts can help individuals avoid potential legal disputes and protect their interests.