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In the context of cut contracts, a contract can be classified as valid, void, or voidable. A voidable contract allows one or both parties the option to declare the contract void. This situation typically arises when a party lacks capacity, is defrauded, or enters due to misrepresentation. For instance, if a contract is made with a person under the age of majority, which is generally 18 years, that person can choose to void the contract any time before reaching that age. This means, for example, if a contract is made with a 17-year-old, they have the right to declare it void and request a refund before turning 18.
