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Question
If a mentally incompetent person is unable to understand the purpose and effect of a contract but has not been legally adjudged insane, _____.
A. the competent party has an absolute right to rescind the contract
B. the contract would not be voidable at the option of the impaired party
C. the contract would not be void at the option of the impaired party
D. the impaired party would have to pay the reasonable value of any necessaries received under the contract
Answer
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