What is a voidable contract?
A voidable contract is valid until one party chooses to cancel it.
Why it matters
It protects the weaker party, such as a minor or someone defrauded.
Common confusion
Voidable is valid until avoided; void is invalid from the start.
Frequently Asked Questions
Who can cancel it?
The protected party, such as a minor or the defrauded person.
What if they don’t cancel?
It stays fully enforceable.
Example?
A contract signed under fraud is voidable by the victim.