In which circumstance is a contract said to be voidable?

A contract is considered voidable when one party has the right to affirm or reject the contract due to certain circumstances that undermine its validity. In this case, the situation where one party was misled directly relates to the concept of misrepresentation. This means that if one individual enters into a contract based on false information provided by the other party, they have the option to void the contract, as their consent was obtained under false pretenses.

In scenarios where both parties agree to a contract, it reflects mutual consent which typically validates a contract rather than renders it voidable. Contracts made under legal capacity indicate the ability of the parties to engage in a legal agreement, which again does not contribute to conditions that would make a contract voidable. Lastly, the written and signed nature of a contract supports its enforceability and does not inherently create any conditions for voidability unless other elements such as misrepresentation, undue influence, or duress are present.