Aaron has entered into a contract with Wilson, a man who is elderly and suffers from dementia and was unable to understand the nature of the contract he was signing. Wilson had been declared to be incompetent by a court before the contract was signed. It was an agreement for Aaron to mow Wilson's lawn each week in consideration of $$50,$ which is a fair price for the service. Aaron was not aware that Wilson had dementia. What is the legal status of this agreement?

Multiple Choice

$$ It is a valid contract.

$$ It is a void contract.

$$ It is a voidable contract.

nc

Graw

Hill

$7$ of $40$

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