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So in the context of cut contracts a contract can either be valid, void, or voidable, and voidable means that one or both of the parties to the contract has the ability to elect to make that contract void, that is its a power bestowed unto one person to say this contract is no longer valid. Okay. This normally arises in the event of one party lacking some form of capacity or being defrauded or entering into the contract because of misrepresentation, so lets take that first example when you have someone who doesnt have capacity mental capacity to enter into a contract this primarily arises with someone who is under the age of majority in a jurisdiction which is normally 18 years old, so say your jurisdiction sets the age of majority of the ability to contract starts at 18 years old so you enter into a contract with a 17 year old, now that seventeen year old at anytime before they docHub the age of 18 can come back to you and say I make this contract void I want my money back or I want
