JAMB - Commerce (2010 - No. 40)
An opportunity to reject a binding contract at will by a third party is said to be a?
valid contract
quasi contract
voidable contract
conditional contract
Explanation
When a contract is entered into without the free consent of the party, it is considered a voidable contract.
Voidable contracts are those that have been entered to by trick or coercion, or entered into with a minor, or entered into where one party was temporarily impaired (e.g., drunk).
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