Business Studies, asked by supriyakargutkar08, 2 months ago

the contract entered by lunatic person during the lucid period is
a) valid
b) void
c) voidable
d) contract​

Answers

Answered by mankibaaz
0

Thus, under English law, the contract is voidable at his option. ... Even under English law, contract by a lunatic person is not void.

Answered by qwwestham
0

The contract entered by a lunatic person during the lucid period is valid. (option a)

  • A lunatic person can be defined as a person who is of sound mind for some specific period of time but, for the remaining duration, is of unsound mind.
  • A lunatic, when enters a contract during that period of time when the person is of sound mind, meaning, capable to understand the contract's nature, the contract is said to be valid.
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