1. A void agreement is void from the beginning and cannot be considered a valid contract, whereas a voidable agreement can be terminated and avoided by the aggrieved party but is otherwise a valid contract. 2. Examples of void agreements include those made by minors or with an unlawful object, while voidable agreements result from consent obtained through coercion, undue influence, or misrepresentation. 3. A voidable agreement can be enforced unless avoided by the aggrieved party, whereas a void agreement confers no rights and creates no obligations from the beginning.