Jilly is 22 years old.While she was suffering from severe depression she signed a contract with Michael that stated she would pay $20 0000 for his collection of Marvel comics.At common law,Jilly is bound by the contract unless she can prove that:
A) she was not capable of understanding the nature of the contract and Michael was aware,or should have been aware of her incapacity.
B) Michael was aware,or should have been aware,that the price was excessive and/or not necessary for a person in her situation.
C) it would be inequitable if she was forced to go ahead with the contract.
D) Michael was aware,or should have been aware,that people suffering from manic depression are not bound by common law contracts.
Correct Answer:
Verified
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