CA Foundation doubt
What does voidable contract mean ? Are voidable contracts valid ?
Asked by Urja1 Aug 2024403 views
CA Foundation doubt
Asked by Urja1 Aug 2024403 views
Bhumik · 1 Aug 2024
Voidable contracts are contracts which are enforceable at the option of aggrieved party Voidable contracts are valid at the option of aggrieved party
Meet · 1 Aug 2024
Voidable contracts are those contracts in which the consent of one party is caused by coercion, undue influence, fraud, misrepresentation or mistake. Voidable contract remains valid only if aggrieved party do not file a case against the party who caused him to give consent i.e.there is not a free consent
Sneha · 1 Aug 2024
Voidable contracts are contracts which can be enforced at the option of one or more parties(aggrieved party) but nit at the option of the other parry(culprit party). They can be valid at the option of the aggrieved party
Rajj · 1 Aug 2024
Voidable contract is valid at the option of aggrieved party
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