Business Law and the Regulation of Business 11th Edition by Richard Mann, Barry Roberts

تمرين 9

Ira, who in 2010 had been found not guilty of a criminal offense because of insanity, was released from a hospital for the criminally insane during the summer of 2011 and since that time has been a reputable and well-respected citizen and businessperson. On February 1, 2012, Ira and Shirley entered into a contract in which Ira would sell his farm to Shirley for $300,000. Ira now seeks to void the contract. Shirley insists that Ira is fully competent and has no right to avoid the contract. Who will prevail? Why?