- Between June 5 and September 23, Dan suffered from a mental illness that caused delusions, hallucinations, and loss of memory. One July 1, Dan signed a contract to purchase a property, with the closing set for October 31. On September 24, Dan began psychiatric treatment; he was declared completely cured by October 15. Which statement is TRUE regarding Dan?s contract?
a. The contract is voidable. b. The contract is void. c. The contract lacks offer and acceptance. d. The contract is fully valid and enforceable.?
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