What Is an Example of a Voidable Contract?
According to LegalMatch, examples of voidable contracts include those entered into with a minor, made under duress or through fraud, or made while mentally incapacitated by an illness or under the influence of a controlled substance. By law, a person under the age of 18 is not considered mature enough to enter into any contract, and any such signed by a minor are not enforceable if they choose to break the contract.
In many cases, these contracts may seem like valid agreements on the surface, but each agreement has a flaw that could see one or both parties looking to breech the contract. Though often confused, "voidable" contracts and "void" contracts are not the same. According to LegalMatch, a void contract is one in which the initial contract was not not valid, nor enforceable by either party. Examples of void contacts include those dedicated to illegal activities or contracts that restrict certain civil liberties.