Even if a party has the power to avoid a contract for lack of capacity,duress,or undue influence,the party will lose that power by affirming the contract.

Question

Quizplus · Accepted Answer

Affirming a contract means that the party has accepted its terms and agreed to be bound by it. By doing so, the party cannot later avoid the contract on the grounds of lack of capacity, duress, or undue influence. This is because the party has waived their right to do so by affirming the contract.

Even If a Party Has the Power to Avoid a Contract