Answer:
Voidable.
Step-by-step explanation:
A voidable contract can be defined as a formal and legal contract established between two parties, which can be canceled if it is the option of any of the parties involved, if there are legal reasons.
Some of the reasons that cause a contract to be canceled can be:
- Mistakes
- Fraud
- Undue duress
- One or more unacceptable terms
- A breach of contract
Therefore, if one of the parties finds a defect in the contract and chooses not to reject it, the contract remains enforceable and valid.