Multiple choice

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

  1. valid contract

  2. void contract

  3. voidable contract

  4. illegal contract

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

A voidable contract is defined under Section 2(i) of the Indian Contract Act as an agreement that is enforceable by law at the option of one or more parties but not at the option of others. This typically arises from defects like coercion, undue influence, fraud, misrepresentation, or mistake.