What can be said about a voidable contract?

• A. It is always valid by law
• B. It can be revoked by one of the parties
• C. It must contain a seal
• D. It is always enforced in court

Answer: (B)

A voidable contract can indeed be revoked by one of the parties involved. This characteristic is fundamental to understanding what makes a contract "voidable." Such contracts are valid and enforceable unless one party chooses to void or cancel it due to specific circumstances, such as misrepresentation, undue influence, or lack of capacity to contract.

The ability to revoke does not automatically invalidate the contract; rather, it gives the aggrieved party the option to either affirm or reject the agreement. This ensures that both parties have a fair opportunity to engage in the contract without coercion or significant flaws affecting their agreement.

In contrast, aspects like being "always valid by law," "must contain a seal," and "always enforced in court" do not accurately describe voidable contracts. They may not always be valid until one party decides to enforce or void them, they do not require a seal to be legitimate, and enforcement in court is contingent upon the will of the party that may choose to invoke the voidable nature of the contract.