Business terms and jargon explained. Your business dictionary
What is Voidable
Legalese Explained: A contract that is valid but is capable of being declared void. I.e. a minor has the option to void a contract when they reach majority. They can choose and therefore the contract is voidable.
Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.