An agreement which is enforceable by law at the option of one or more of the parties thereto, but not at the option of the other, is a voidable contract.




A voidable contract is a legal agreement that is valid and binding upon the parties involved, but due to certain circumstances or actions of one party, the contract can be voided or canceled at the option of the other party or parties. In other words, one or more parties have the power to enforce or rescind the contract as they choose.


For a contract to be considered voidable, certain conditions must be met:

- Consent: The consent of the parties must be obtained freely without any coercion, fraud, misrepresentation, or undue influence. If one party is forced or misled into entering the contract, they have the option to void it.
- Capacity: The parties involved must have the legal capacity to enter into a contract. If a party lacks the mental capacity or is a minor, they can choose to void the contract.
- Object: The object of the contract must be lawful. If the contract involves an illegal act or goes against public policy, it can be voided by the affected party.
- Consideration: There must be a lawful consideration exchanged between the parties, such as money, goods, or services. If one party fails to provide the agreed-upon consideration, the other party can choose to void the contract.


- If the contract is voided, it is treated as if it never existed, and both parties are released from their obligations.
- The party who has the option to void the contract can choose to either enforce it or cancel it.
- If the contract is ratified or affirmed by the party with the option to void, it becomes binding and enforceable for both parties.


- Contracts entered into by a minor (underage person) who can choose to void the contract upon reaching the age of majority.
- Contracts entered into under duress or undue influence, where one party is forced or coerced into the agreement.
- Contracts entered into based on fraudulent misrepresentation, where one party intentionally provides false information to deceive the other party.

In conclusion, a voidable contract is an agreement that can be enforced by law at the option of one or more parties involved, but not at the option of the other party. It provides a certain level of flexibility and protection to the party who has the power to enforce or void the contract based on specific circumstances.