A contract entered into by an insane person can be void,voidable,or valid,depending on the mental state of the person.

Question

Quizplus · Accepted Answer

An insane person may lack the capacity to enter into a binding contract, but this may not always be the case. If the person is deemed to have understood the consequences of their actions at the time of entering into the contract, it may be considered valid. However, if their mental state impaired their ability to understand the nature and consequences of the contract, it may be considered void or voidable.

A Contract Entered into by an Insane Person Can Be