Multiple choice

An agreement which is enforceable by law at the option of one or more of the parties thereto, but not at the option of the other or others, is a

  1. valid contract

  2. unenforceable contract

  3. voidable contract

  4. quasi-contract

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

A voidable contract is one that is enforceable by law at the option of one or more parties but not at the option of the other(s). This typically arises from defects in consent like coercion, undue influence, fraud, or misrepresentation. The aggrieved party can choose to enforce or avoid the contract.