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28 December, 04:34

A contract that is voidable

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  1. 28 December, 04:49
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    A voidable contract, unlike a void contract, is a valid contract which may be either affirmed or rejected at the option of one of the parties.

    Reasons that can make a contract voidable include failure by one or both parties to disclose a material fact; a mistake, misrepresentation or fraud; undue influence or duress; one party's legal incapacity to enter a contract; one or more terms that are unconscionable; or a breach of contract.
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