Multiple choice

‘Voidable’ contract means

  1. parties are incompetent to contract

  2. free consent of the parties is missing

  3. consideration is inadequate

  4. the object of contract is expressly declared void by the act itself
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Voidable contract: An agreement which is enforceable by law at the option of one or more of the parties thereto, but not at the option of other or others, is a voidable contract. Thus, if the consent is not free, the contract becomes voidable at the option of the party whose consent was not free.

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