Which type of contract allows one party to enforce it while the other does not have to?

A voidable contract is one where one party has the option to enforce the contract or not, while the other party remains bound by its terms. This means that one party has the right to affirm or reject the agreement under certain circumstances, often related to issues such as misrepresentation, undue influence, or a lack of capacity. The party that has the power to void the contract can choose whether to enforce it, providing them with significant leverage in the arrangement.

For instance, if a minor enters into a contract, they typically have the right to void it, meaning the other party must abide by the terms but the minor can choose whether to enforce or cancel the agreement. This distinguishes voidable contracts from other types, such as void contracts, which have no legal effect from the beginning, or executed contracts, where both parties have fulfilled their obligations.