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Although the law varies from country to country, most disputes relating to whether a transaction is void or voidable turn on the ability to transfer title to goods. In many jurisdictions, if a transaction is valid, but voidable, title to good still passes under the transaction, and the recipient may
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Generally speaking, one party will have the right to elect whether to annul the transaction or to affirm it. The avoiding of a voidable transaction amounts to the rescinding it or exercising a power of rescission and as such, it is subject to the general law in that regard.
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That which may be avoided, or declared void; not absolutely void, or void in itself. It imports a valid act which may be avoided rather than an invalid act which may be ratified.
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The act of invalidating the contract by the party exercising its rights to annul the voidable contract is usually referred to either as
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sell them with good title. If the transaction is void, no title passes, and the original seller may reclaim the goods.
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Void or
Voidable? -- Curing Defects in Stock Issuances Under Delaware Law
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