RESCISSIBLE VOIDABLE UNENFORCEABLE

CAUSE Lesion Damages Conduct to defraud creditor PRESCRIPTION 4yrs depending on reason No 4yrs depending on reason Yes Imprescriptible Vitiated consent w/o or excess of authority non compliance w/ Statute of Fraud

VOID
1 element missing illegality

Imprescriptible

RATIFICATION

Yes

No

BINDING EFFICACY

Valid unless rescinded Parties 3rd persons who are defrauded

Valid until annulled Injured parties 3rd person if they can show they are prejudiced

Cannot be enforced unless ratified Contracting parties

No binding effect Parties 3rd persons affected

ASSAILABILITY