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Rescissible Voidable Unenforceable Void & Inexistent

Factors
Contract Contract Contract Contract
OBJECT Yes Yes Yes
CAUSE Yes Yes Yes Not all are present.
CONSENT Yes Yes, but vitiated Yes, but by one without
or in excess of authority
Fraud No No No
Mistake No At least one is present. No No
Force No No No
Threat No No No
Undue intimidation No No No
CAN BE RATIFIED Yes Yes Yes No
If rescinded or voided, Contract is valid from Contract is valid, but Remains unenforceable Has no validity from the
when is the validity of the beginning and loses once voided, it becomes from the start, unless start.
the contract and when effect only from the void from the start. ratified and then it
does contract lose point when it was becomes a valid
effect? rescinded contract.
Obligations before Obligations remain until All obligations are No obligations arise
Effect on obligations rescission remain voided, then all dormant unless ratified, because there is no
demandable. obligations performed and then becomes contract.
can be undone because demandable.
NO obligations SHOULD
have arisen.

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