Which of the following is true of a contract with an adjudged insane person?
A) The adjudged insane person is bound by the terms of the contract.
B) Such a contract is void.
C) Only the competent party can enforce the contract.
D) The competent party is legally obligated to uphold the contract.

Question

Quizplus · Accepted Answer

A contract with an adjudged insane person is void. This means that the contract is not legally binding and cannot be enforced by either party. The reason for this is that the adjudged insane person lacks the capacity to understand and enter into a contractual agreement.

Which of the Following Is True of a Contract with an Adjudged