Voidability
/ˌvɔɪdəˈbɪləti/
Definitions
- (n.) The quality or condition of a contract or legal act whereby it may be declared void at the option of one party.
The contract's voidability allowed the minor to rescind the agreement.
Related terms
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Commentary
Voidability often depends on the presence of legal grounds such as duress, fraud, or incapacity, distinguishing it from absolute voidness.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.