arrow
arrow
arrow
An agreement enforceable by law at the option of one or more parties, but not at the option of the other, is:
Question

An agreement enforceable by law at the option of one or more parties, but not at the option of the other, is:

A.

valid contract

B.

voidable contract

C.

void contract

D.

None of the above

Correct option is B


A voidable contract is one that is enforceable by law at the option of one party but not the other, often due to issues like coercion, fraud, or undue influence.
Information Booster:
The definition of a voidable contract fits this scenario, where one party has the right to enforce or void the contract.
Additional Information:
· Option (a) and (c): A valid contract is enforceable by both parties, while a void contract is unenforceable by either party.

test-prime-package

Access ‘State Judiciary PCS J’ Mock Tests with

  • 60000+ Mocks and Previous Year Papers
  • Unlimited Re-Attempts
  • Personalised Report Card
  • 500% Refund on Final Selection
  • Largest Community
students-icon
354k+ students have already unlocked exclusive benefits with Test Prime!
test-prime-package

Access ‘State Judiciary PCS J’ Mock Tests with

  • 60000+ Mocks and Previous Year Papers
  • Unlimited Re-Attempts
  • Personalised Report Card
  • 500% Refund on Final Selection
  • Largest Community
students-icon
354k+ students have already unlocked exclusive benefits with Test Prime!
Our Plans
Monthsup-arrow