In order to avoid a contract on the basis of insanity,a party must have been adjudged insane.

Name: In order to avoid a contract on the basis of insanity,a party must have been adjudged insane.
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Question

Quizplus · Accepted Answer

A party does not need to be adjudged insane to avoid a contract; it is sufficient if they can prove they were incapable of understanding the nature and consequences of the transaction at the time it was made.

In Order to Avoid a Contract on the Basis of Insanity,a