What is a characteristic that distinguishes void contracts?

Void contracts are distinguished by the fact that they never come into existence. This means that from the outset, they lack the legal validity required to be enforceable. A contract may be deemed void for various reasons, such as being formed for illegal purposes, lacking essential elements like consideration, or being created between parties who lack the capacity to contract.

The notion that void contracts can be ratified later is incorrect because, by definition, a void contract is null from the beginning, and as such, there is nothing to ratify. Similarly, the idea of a cooling-off period applies mainly to certain types of contracts such as those involving consumers, not to void contracts. Lastly, agreements made by all parties do not guarantee a contract is valid; what matters is that the agreement meets all legal criteria for contract formation. In summary, the unique feature of void contracts is that they are fundamentally non-existent in the eyes of the law, making the choice indicating that they never come into existence the correct perspective.