If a Person Is Insane at the Time of Signing

question 88

True/False

If a person is insane at the time of signing a contract,but has not been adjudged insane,that contract is voidable.

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Definitions:

Service Business

A service business is a type of business that provides intangible products or services to customers, as opposed to selling physical goods.

Tax Preparation

The process of compiling and filing income tax returns in compliance with legal requirements, often involving the calculation of taxes owed or refundable.

Merchandising Business

A business that purchases finished goods for resale, making a profit on the difference between buying and selling prices.

Men's Clothing Store

A retail establishment specializing in selling apparel and accessories targeted at the male demographic.