Misrepresentation by nondisclosure renders a contract voidable at the option of the party misled.

Misrepresentation

A false statement or lie that deceives, misleads, or misinforms someone, often leading to contractual agreements based on incorrect information.

Contract Voidable

A legal agreement that can be legally declared invalid or unenforceable by one or more of the parties involved due to specific reasons, such as misrepresentation or duress.

Nondisclosure

An obligation not to reveal certain information to unauthorized individuals or parties.