Definitions for "Voidable contract"
a contract that appears valid and enforceable but is subject to rescission by one of the parties who acted under a disability
an agreement that is otherwise binding and enforceable, but because of the circumstances surrounding its execution or the lack of capacity of one of the parties, it may be rejected at the option of one or both of the parties
An agreement that may be canceled by the party who would be damaged if the contract were enforced.