Asked by Amane gebiraye on Jul 08, 2024
Verified
If a person with a mental condition that impairs her ability to act in a reasonable manner enters a contract that is grossly unfair, the contract is voidable.
Mental Condition
A state or situation concerning the psychological or psychiatric state of an individual, which can affect their thinking, behavior, and interaction with others.
Voidable
Describes a contract that may appear valid but can be legally declared void at the option of one of the parties due to certain defects.
Reasonable Manner
Acting with fairness, care, and prudence in a given set of circumstances, as would be expected from a similarly situated person.
- Understand the ramifications of mental incapacity and intoxication for contract formation and its subsequent enforcement.
Verified Answer
WT
Winta TesfaldetJul 12, 2024
Final Answer :
True
Explanation :
Contracts entered into by individuals who lack the capacity to understand the nature and consequences of the agreement, due to mental impairment, can be voidable if the contract is found to be grossly unfair. This is because the law recognizes the need to protect individuals who are unable to protect their own interests.
Learning Objectives
- Understand the ramifications of mental incapacity and intoxication for contract formation and its subsequent enforcement.