voidable contract - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “voidable contract”

voidable contract

noun [C]
 
 
LAW
a contract that has legal force when it is made but that may lose this in some situations: The commonest example of a voidable contract is one where a party has induced the other party to enter the contract by making a misrepresentation. →  Compare void contract
(Definition of voidable contract from the Cambridge Business English Dictionary © Cambridge University Press)
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