What does voidable contract mean in simple words with a example

Question

Naganiharika · Answer

What does it mean by agreement is restraint of trade is void

mohit · Answer

any contract made without any consent of another party

Amaan · Answer

Section 15-18 lagega aur isko jo voidable batayega wo hai section 19

@yesh@ · Answer

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. At most, one party to the contract is bound. The unbound party may repudiate (reject) the contract, at which time the contract becomes void.

Prajwal · Answer

PQR, a hospital in Delhi, recruits Dr. A, on contract basis for a period of 3 months. The hospital management promises to pay Dr. A, a lumpsum amount of`1,00,000 if Dr. A test positive for noval corona virus (Covid 19) during the contract period of 3 months. Identify the type of contract and highlight the rule of enforcement. Also, what will happen if Dr. A does not contract Covid 19.What is provision of law??

Patel · Answer

The contract which is enforceable at the option of one party and not at the option of other or others is voidable contract.. for eg dekh me terko activa sell kar rahi hu par mene ha bola because tune muje gun dikhake dhamki di to vo contact sirf me enforce kar sakti hu and if I said yes to vo valid he par usme Tera kuch role he hi nai that is vo tu enforce nai kar sakta to use voidable contract kehte he.

Amaan · Answer

Aggrieved party k pass option hoga vaild aur void karne ka aur in case of Fraud usko uski condition me dena hoga jiska promise ya fir bataya gaya ho

TANMAYEE · Answer

Contact which are enforceable at the option of one or more party but not at the option of other

Ronak · Answer

Voidable contract is a contract in which the consent one of the parties is not free it is either caused by Coercion, undue influence, fraud , Misrepresentation or mistake

Naganiharika · Answer

Perfect meaning of consent is not free

SWATHI · Answer

When the consent of a party is caused by coercion, undue influence, fraud or misrepresentation ; the contract is voidable at the consent of the aggrieved party.

Prajwal · Answer

When consent is not free such contract are voidable at option of one of the party.

What does voidable contract mean in simple words with a example

12 answers

Ask your doubt in the Studycaller app