If one of the parties of a contract has the option to void his or her contractual obligations, the contract is considered voidable.

Name: If one of the parties of a contract has the option to void his or her contractual obligations, the contract is considered voidable.
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A contract is considered voidable if one of the parties has the option to avoid their contractual obligations. This means that the contract is enforceable unless the party with the option to void chooses to do so.

If One of the Parties of a Contract Has the Option