Sasha,who Is Mentally Infirmed,contracts to Purchase a Piano for $2,500

question 14

Multiple Choice

Sasha,who is mentally infirmed,contracts to purchase a piano for $2,500 in 60 monthly installment payments.Six months later she tries to void the contract on grounds of mental impairment.A court will

• A)normally void the contract without requiring anything further on Sasha's part.
• B)normally void the contract but will require Sasha to return the piano.
• C)ordinarily not void the contract unless Sasha had a court-appointed guardian at the time she entered into the contract.
• D)not void the contract unless Sasha agrees to have the court appoint a guardian for her.

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Definitions:

Sequential Series

A set of elements or events arranged in a specific order where each is followed by the one succeeding it, reflecting a particular sequence.

Mortgage

A loan granted by a bank or financial institution, secured by the borrower's property, used to purchase real estate.

Interest Rates

The proportion of a loan that is charged as interest to the borrower, commonly expressed as an annual percentage of the loan amount.

Share Pane

A feature in some software that facilitates the sharing of documents or files directly from the application.