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Legal Vocabulary & Legal Tips , of the day ,, ep.09 on Nov 14th 2024 , under the Freshmen 's Enhancement Project

admin law
2024-11-18 19:31:11

The Voidable Act or contract, is an incomplete contract. It's the contract that can be cancelled or confirmed by either participating party for qualified legal reasons.
The qualified reasons include
> One of the parties was not legally to participate such as a  minor, a quasi-incompetent person, an incompetent person or insane person
>>Also include a failure to disclose a material fact or misrepresentations, a breach or an intimidating at the time the contract was signed.
Legal Vocabulary & Legal Tips , of the day ,, ep.09 on Nov 14th 2024 , under the Freshmen 's Enhancement Project