case law

1. Multual assent, consideration, capacity,legality

2.Mental incompetence, Minority, Intoxication

4.void, voidable, valid

8. language , nature , purpose, price, consequences, parties

K! N QQQQQ /ui/evo/index.html?deploymentid=598021193408108274322296651548e|SBN=9780357130155&id=892587488&sna GAGE | MINDTAP 1 Trick Kilis Erectile Dys.. www.answerroot.com You Won't Need a Blue Pil -oblem Analysis 14.1: Mental Incompetence ssignment: Case Problem Analysis 14.1: Mental Incompetence Assignment Score: 0.00% Save Submit Assignment for Grading Questions clbltc15h.Ch14_1 Question 1 of 1 3. Check My Work (2 remaining) Mental Incompetence Kathy Hauer suffered a brain injury in a motorcycle accident. Two years later, Ben Eilbes, who was in default on a loan and was denied further credit by the bank, asked Hauer to take out a loan from the bank to invest in his business and the investment failed. When the loan matured, Hauer sued the bank claiming in part that Hauer lacked mental capacity to enter into the loan. During the trial, Hauer's attorney showed that Hauer was under court-appointed guardianship approximately one year before the loan transaction. Also, Hauer's testimony showed that she misunderstood the nature of the loan, believing that she was merely cosigning a loan for Ellbes and that Ellbes was responsible for paying it back. Finally, a medical expert testifying on Hauer's behalf stated that Hauer was very deficient in her cognitive abilities, her abilities to remember and to read, write and spell...she was very malleable, gullible, people could convince her of almost anything." The expert also said that she was "incompetent and... unable to make reasoned decisions on the date she made the loan. 1. What element of a valid contract is at issue here? Capacity 2. Mental incompetence may be affecting Hauer's capacity to contract. 3. Can people who are adjudged mentally incompetent by the court enter into a vald contract? Select 4. If a person who has been declared Incompetent by the courts enters into a contract, what kind of contract is it word v exist. 5. What does it mean if the contract is vold? The contract does HelpDeskve od Lab Student Suomale helix SU female hel... G G N@ b/ui/evo/index.html?deploymentid=598021193408108274322296651548eISBN:9780367130155&id=802587488&snapshotid-1910576& GAGE MINDTAP Q Search this course roblem Analysis 14.1: Mental Incompetence X 2. Mental incompetence may be affecting Hauer's capacity to contract. 3. Can people who are adjudged mentally incompetent by the court enter into a valid contract? Select 4. If a person who has been declared incompetent by the courts enters into a contract, what kind of contract is it? vold 5. What does it mean if the contract is void? The contract does exist. 6. Kathy was not judged mentally incompetent at the time of the loan, so is it theoretically possible for her to enter into a contract? Yes 7. What type of contract does a mentally incompetent person enter into voidable 8. When is a mentally incompetent person's contract voidable? When the person did not understand the remedies of the contract and Select w of the contract 9. Does Hauer's deficiency in her cognitive abilities indicate that she may not have understood the nature, purpose, or consequences of the contract? Yes Help Desk issue.pdf Lab3 Student T.EX SU female helsx K! N QQQQQ /ui/evo/index.html?deploymentid=598021193408108274322296651548e|SBN=9780357130155&id=892587488&sna GAGE | MINDTAP 1 Trick Kilis Erectile Dys.. www.answerroot.com You Won't Need a Blue Pil -oblem Analysis 14.1: Mental Incompetence ssignment: Case Problem Analysis 14.1: Mental Incompetence Assignment Score: 0.00% Save Submit Assignment for Grading Questions clbltc15h.Ch14_1 Question 1 of 1 3. Check My Work (2 remaining) Mental Incompetence Kathy Hauer suffered a brain injury in a motorcycle accident. Two years later, Ben Eilbes, who was in default on a loan and was denied further credit by the bank, asked Hauer to take out a loan from the bank to invest in his business and the investment failed. When the loan matured, Hauer sued the bank claiming in part that Hauer lacked mental capacity to enter into the loan. During the trial, Hauer's attorney showed that Hauer was under court-appointed guardianship approximately one year before the loan transaction. Also, Hauer's testimony showed that she misunderstood the nature of the loan, believing that she was merely cosigning a loan for Ellbes and that Ellbes was responsible for paying it back. Finally, a medical expert testifying on Hauer's behalf stated that Hauer was very deficient in her cognitive abilities, her abilities to remember and to read, write and spell...she was very malleable, gullible, people could convince her of almost anything." The expert also said that she was "incompetent and... unable to make reasoned decisions on the date she made the loan. 1. What element of a valid contract is at issue here? Capacity 2. Mental incompetence may be affecting Hauer's capacity to contract. 3. Can people who are adjudged mentally incompetent by the court enter into a vald contract? Select 4. If a person who has been declared Incompetent by the courts enters into a contract, what kind of contract is it word v exist. 5. What does it mean if the contract is vold? The contract does HelpDeskve od Lab Student Suomale helix SU female hel... G G N@ b/ui/evo/index.html?deploymentid=598021193408108274322296651548eISBN:9780367130155&id=802587488&snapshotid-1910576& GAGE MINDTAP Q Search this course roblem Analysis 14.1: Mental Incompetence X 2. Mental incompetence may be affecting Hauer's capacity to contract. 3. Can people who are adjudged mentally incompetent by the court enter into a valid contract? Select 4. If a person who has been declared incompetent by the courts enters into a contract, what kind of contract is it? vold 5. What does it mean if the contract is void? The contract does exist. 6. Kathy was not judged mentally incompetent at the time of the loan, so is it theoretically possible for her to enter into a contract? Yes 7. What type of contract does a mentally incompetent person enter into voidable 8. When is a mentally incompetent person's contract voidable? When the person did not understand the remedies of the contract and Select w of the contract 9. Does Hauer's deficiency in her cognitive abilities indicate that she may not have understood the nature, purpose, or consequences of the contract? Yes Help Desk issue.pdf Lab3 Student T.EX SU female helsx