What does it mean if a contract is voidable?

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A contract being voidable means that it is a valid contract that one or both parties have the right to reaffirm or reject due to certain legal grounds, such as fraud, misrepresentation, undue influence, or the incapacity of one party. Therefore, the contract is not automatically unenforceable; it exists and holds validity until one of the parties chooses to void it.

This implies that the party who has the right to void the contract can enforce it if they decide to do so. In essence, the decision to uphold or terminate the contract lies with the aggrieved party, which distinguishes it from a completely invalid contract that cannot be enforced under any circumstances. Hence, the choice that indicates a voidable contract could be unenforceable aligns with its definition, as it emphasizes the conditional nature of its enforceability based on the choices afforded to the affected party.

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