Also during this initial meeting, you notice that the man in his 70s does not seem particularly sharp. In fact, he appears to be confusing the planned hotel construction with a strip mall that he helped develop twenty years earlier. He is sometimes non-responsive when you ask a question, and some of his responses do not at all relate to the questions that are posed. You know that, regardless of the type of business entity that is formed, contracts will be involved, and the elderly man will be expected to be a party to at least one. Is his mental decline a concern with respect to contracts that he may be asked to sign and, if so, why? What would you recommend to the clients? Please fully explain your answer.