Asked by Garrett Brown on Apr 29, 2024
Verified
Joe is mentally impaired from the effects of a prescribed medication. If he makes a contract while under this impairment, the contract would be voidable if he cannot comprehend the subject of the contract, its nature, and its probable consequences, even if the other party does not know or have reason to know of his mental condition.
Mentally Impaired
Refers to individuals experiencing a decrease in cognitive, emotional or behavioral functioning, which impacts their ability to participate in daily activities.
Voidable
A term used in law to describe a transaction or agreement that is valid and enforceable on the face of it, but may be rejected or canceled by one of the parties involved due to certain defects or circumstances.
Comprehend
The cognitive process of understanding, grasping, or getting the meaning of something.
- Grasp the repercussions of mental incapacity and intoxication concerning the formation and fulfillment of contractual obligations.
Verified Answer
ZK
Zybrea KnightMay 03, 2024
Final Answer :
True
Explanation :
A contract is voidable if one party is mentally impaired and cannot understand the nature and consequences of the contract, regardless of whether the other party was aware of the impairment.
Learning Objectives
- Grasp the repercussions of mental incapacity and intoxication concerning the formation and fulfillment of contractual obligations.