An agreement that may be either legally enforced or rejected by one party is an enforceable but voidable contract.

Question

An agreement that may be either legally enforced or rejected by one party is an enforceable but voidable contract.​

Quizplus · Accepted Answer

A voidable contract is indeed one that is enforceable by law but may be rejected or voided by one of the parties to the contract without legal consequences because of certain reasons such as misrepresentation, fraud, undue influence, or duress at the time of making the contract.

An Agreement That May Be Either Legally Enforced or Rejected