Contract voidability: agreements induced by coercion, fraud or misrepresentation may be avoided or affirmed by the affected party. Consent caused by coercion, fraud or misrepresentation makes an agreement voidable at the option of the party whose consent was so induced; that party may avoid the contract or affirm it and seek to be placed in the position they would have been in had the representations been true. A fraud or misrepresentation that did not cause consent does not render a contract voidable. The contract is not voidable for fraudulent misrepresentation or silence if the misled party could have discovered the truth with ordinary diligence.