A Mental Illness or Defect of One of the Parties

question 18

True/False

A mental illness or defect of one of the parties to a contract automatically makes a contract void.

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Definitions:

Technological

Relating to or involving technology, especially in regard to its development, use, or impact in society and business.

Political

Relating to the government, public affairs, or the administration of public policy.

Trade War

A situation in which countries try to damage each other’s trade, typically by the imposition of tariff and quota restrictions.

Tariffs

Taxes imposed by a government on goods and services imported from other countries.