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LSDefine

Simple English definitions for legal terms

voidable contract

Read a random definition: split verdict

A quick definition of voidable contract:

A voidable contract is an agreement between two or more parties that can be cancelled or voided by one of the parties involved. This means that one party has the option to either enforce or cancel the contract. A contract is a promise or set of promises that the law recognizes as a duty. It can be in the form of a written document, but the legal concept of a contract refers to the agreement itself, not the physical document.

A more thorough explanation:

A voidable contract is an agreement between two or more parties that can be cancelled or voided by one or more of the parties involved. This means that the contract is not automatically invalid, but rather can be made invalid if certain conditions are met.

For example, if a person enters into a contract under duress or coercion, they may be able to void the contract. Similarly, if a person enters into a contract with a minor, the minor may be able to void the contract.

Another example of a voidable contract is when a person enters into a contract with someone who has made a misrepresentation or has not disclosed important information. In this case, the contract may be voidable if the misrepresentation or lack of disclosure was significant enough to affect the decision-making process of the other party.

Overall, a voidable contract is a contract that can be cancelled or voided under certain circumstances, but is not automatically invalid.

voidable agreement | voidable judgment

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
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