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How does Section 2(i) of the Indian Contract Act, 1872 define a voidable contract?

Question and options

How does Section 2(i) of the Indian Contract Act, 1872 define a voidable contract?

  1. An agreement that is not enforceable by law at the option of any of the parties

  2. A contract that was enforceable by law when made but has since become void

  3. An agreement enforceable by law by either party until a court sets it aside

  4. An agreement enforceable at the option of one or more parties but not of the others

Answer and explanation

Correct answer: D - An agreement enforceable at the option of one or more parties but not of the others

Section 2(i) defines a voidable contract as an agreement enforceable by law at the option of one or more of the parties, but not at the option of the other or others. An agreement not enforceable by law is a void agreement under Section 2(g), and a contract that ceases to be enforceable becomes void under Section 2(j).

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