If a contract between two parties is avoided
A) both parties are released from it.
B) both parties must fully perform their obligations under it.
C) the parties' contractual obligations are postponed.
D) the parties are bound to negotiate another contract on the same subject.

Question

Quizplus · Accepted Answer

When a contract is avoided, it means that it is legally cancelled or set aside. As a result, both parties are released from their obligations under the contract. This is the most common and straightforward consequence of contract avoidance.

If a Contract Between Two Parties Is Avoided