A party with the power to avoid a contract will not lose that power by delaying the avoidance.

Name: A party with the power to avoid a contract will not lose that power by delaying the avoidance.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Delaying the avoidance of a contract can lead to the loss of the power to avoid it due to principles such as laches (unreasonable delay that prejudices the other party) or estoppel (acting in a way that suggests acceptance of the contract), depending on the jurisdiction and specific circumstances.

A Party with the Power to Avoid a Contract Will