An Insane Person Can Escape a Contract on the Basis

question 98

True/False

An insane person can escape a contract on the basis of incapacity only if the other person knew or ought to have known of the insanity.

---

Definitions:

Moratorium

A status in Erikson's psychosocial development stages where an individual is actively exploring various commitments, values, and roles, but has yet to make definitive choices.

Achievement

The successful accomplishment of a task, goal, or objective, often measured against known standards of excellence.

Identity Statuses

Phases individuals experience in the development of their identity, exploring and making decisions about personal, occupational, and ideological commitments.

Identity Diffusion

A status in identity development in which an individual has not yet undergone an identity crisis or made any commitments to particular values, goals, or beliefs.