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What is voidable contract?

In: Personal Finance, Contract Law, Consumer Rights and Protection [Edit categories]

Answer:

A contract that can be voided. It is a valid contract unless the party with the ability to void it does so. Examples of those that can create voidable contracts are minors, mentally disabled persons, or an intoxicated person.

First answer by ID3228087779. Last edit by ID3228087779. Question popularity: 4 [recommend question].

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