In Indian Contract Act, the term 'voidable contract' has been defined under
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Section 2(e)
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Section 2(h)
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Section 2(i)
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Section 2(g)
C
Correct answer
Explanation
Option (1) is incorrect: Section 2(e) of Contract Act defines the term 'agreement'.
Option (2) is incorrect: Section 2(h) of Contract Act defines the term 'contract'.
Option (3) is correct: Section 2(i) of Contract Act defines the term 'voidable contract' as 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.
Option (4) is incorrect: Section 2(g) of Contract Act defines the term 'void contract'.