Russell, age 45, has been suffering from mental impairment for a long time. He signs a contract to sell his villa for $1 million to Andre. When Russell's wife Katie, who is also his appointed (by the court) guardian, gets to know of the deal, she wants to ends the contract. Which of the following statements is true?

Question

Quizplus · Accepted Answer

Russell's mental impairment raises questions about his ability to understand the terms of the contract, and whether he had the capacity to enter into the agreement. If it is established that he lacked the necessary capacity, the contract will be considered voidable. As his court-appointed guardian, Katie has the authority to act on his behalf, and can seek to end the contract. Andre cannot claim the villa until he has paid for it, but the fact remains that the contract can be voided due to Russell's mental incapacity at the time of signing. Therefore, statement A and D are irrelevant. Statement B may be disputed depending on the extent of Russell's mental impairment.

Russell, Age 45, Has Been Suffering from Mental Impairment for a Long