What is an agreement enforceable by law at the option of one or more parties, but not at the option of…
Section 2(i) of the Indian Contract Act, 1872 defines a voidable contract by the ability of one or more parties, but not the others, to enforce the agreement.
Choose your answer
What is an agreement enforceable by law at the option of one or more parties, but not at the option of the others?
Answer and explanation
Correct answer C
Section 2(i) of the Indian Contract Act, 1872 defines a voidable contract by the ability of one or more parties, but not the others, to enforce the agreement.
Option feedback
Option A
A void contract has ceased to be enforceable by law.
Option B
One side’s power to avoid an agreement does not establish illegality.
Option C
The asymmetric right to enforce the agreement is the section 2(i) definition.
Option D
The agreement is enforceable at the option of the party or parties specified in the question.
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