A contract is voidable only when both of the parties lack the capacity to contract.

Name: A contract is voidable only when both of the parties lack the capacity to contract.
Brand: Quizplus
Rating: 4.8 (58 reviews)

Question

Quizplus · Accepted Answer

A contract can also be voidable if one of the parties lacks capacity, such as if they are a minor or under duress. A contract may be voidable when one of the parties lacks capacity to contract, such as being under duress or undue influence. It does not require both parties to lack capacity.

A Contract Is Voidable Only When Both of the Parties