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A contract that can be voided. It is a valid contract unless the party with the ability to void it does so. Examples of those that can create voidable contracts are minors, mentally disabled persons, or an intoxicated person.
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∙ 15y ago
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What is a proforma contract?
A pro forma contract is a rough and simple outline of a contract that does not include minor details. The most common of this contract is an employment contract or rental agreement.
Did SS501 get to renew their contract?
there contract has not expired yet
How can you contract famous singers to your party?
To contract famous singer
Can someone legally bind someone else by a contract?
Yes. That is the purpose of a contract although you haven't included the details.Yes. That is the purpose of a contract although you haven't included the details.Yes. That is the purpose of a contract although you haven't included the details.Yes. That is the purpose of a contract although you haven't included the details.
What is complete performance in terms of contracts in law?
This occurs when a party to a contract renders performance exactly as required by the contract; discharges that party's obligation under the contract.
What is a sentence for voidable?
That contract is voidable in nature
What are the sample case of voidable contracts?
cases of voidable contract
In Georgia can a minor void a contract or is it voidable?
In Georgia, a minor cannot sign a contract. If a minor does sign a contract, it is voidable because it is illegal.
What is the consequences of rescission of voidable contract?
The consequences of rescission of voidable contract is that the other party does not need to perform any promise contained in the contract.
A contract without legal effect is?
A. Void B. Voidable C. Voiding D. Avoid ANSWER: A Void
If the VIN is incorrect can it void the contract?
Depending on the state of contract, a mistake on the VIN may or may not be voidable. Under old laws, a mistake on a VIN can cause a contract to be voidable.
What is voidable contact?
A contract that existed but is now no longer in effect. Legal obligations under a contract can be avoided.
What is the difference between a voidable and rescissible contract?
Their binding force,,, rescissible contract renders it defective due to external facts that may prejudice a contracting party or even a third person. While voidable contract becomes defective due to the vice of consent :)
Is it legal to sign a contract under the influence of alcohol?
If it can be proven that the signatory was intoxicated at the time, the contract would be voidable.
Is viodable contract is a type of valid contract?
Yes: It is a valid contract in the beginning but subsequently it changes into voidable contract due to some uncertain reasons. For example; A person do contract to B person that he will give some garments importing from London and the B accepts it, after it in the way some thing happen and the product is destroyed then a valid contract will be change in a voidable contract.
What is a legally binding agreement that can be rejected at the option of one of the parties?
A unilateral contract is a legally binding agreement in which only one party makes a promise or undertakes an obligation, while the other party has the option to accept or reject it. If the second party chooses not to accept the terms of the contract, they are generally not bound by its terms.
Can a contract signed by an under age person be annulled?
Yes. Courts do not enforce Contracts on Minors. If a minor enters into a contract then such contract is voidable.
