What is the distinction between a void contract and a voidable one?
A void contract is one that is altogether invalid and unenforceable and can never be anything else but invalid and unenforceable. (Get away from me or I'm calling the cops!)
A voidable contract is one which has validity, but which may be evaded. (Don't want this deal. Bye.)
It may be ratified and turned into an enforceable contract by ratification (You shouldn't have done that but what the heck, let's go with it.)
or into a void contract by repudiation. (Don't want this deal. Bye.)
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