voidable contract
- A type of agreement that can be invalidated by one participant if the contract was made under false pretenses, coercion, or due to the participant's legal status such as being underage
- Because the seller concealed information before the deal, the buyer deemed the sale a voidable contract.
- The student signed the apartment lease as a minor, so it became a voidable contract when she reached adulthood.
- His strong persuasion techniques were later deemed to be coercion, making their agreement a voidable contract.
Provide Feedback