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VOIDABLE definition: 1. If a legal agreement is voidable, it is possible to remove its legal force: 2. If a legal…. Learn more.
May 22, 2024 · A voidable contract is one that can be canceled or altered for qualified legal reasons. Not all contracts are voidable; legal precedent must exist to absolve responsibility.
The meaning of VOIDABLE is capable of being voided; specifically : capable of being adjudged void. How to use voidable in a sentence.
In contracts, voidable is a term typically used with respect to a contract that is valid and binding unless avoided or declared void by a party to the contract who is legitimately exercising a power to avoid the contractual obligations.
Voidable definition: capable of being nullified or invalidated.. See examples of VOIDABLE used in a sentence.
VOIDABLE meaning: 1. If a legal agreement is voidable, it is possible to remove its legal force: 2. If a legal…. Learn more.
Jul 5, 2024 · voidable. Definitions of voidable. adjective. capable of being rescinded or voided. “ voidable contracts”. synonyms: rescindable. revocable, revokable. capable of being revoked or annulled.
voidable - Something that is legally permitted to be voided, typically referring to contracts or agreements. It's unlike 'void,' as it's not inherently null and depends on the actions of the person empowered to void it.
Sep 26, 2023 · A voidable contract is a contract that is initially valid and enforceable, but one or both parties have the option to avoid the contract if certain conditions are met. For example, if a contract is signed under duress or undue influence, the party who was coerced or influenced may have the option to void the contract.
May 31, 2020 · What are Void and voidable contracts? Void contracts: This particular category is defined under Section 2 (g) of the Indian Contract Act, 1872, which states that contracts or agreements that are not enforceable by law are known as void contracts.
