Who will prevail in given condition and why

Assignment Help Management Theories

Reference no: EM131377814

Ira, who in 2006 had been found not guilty of a criminal offense because of insanity, was released from a hospital for the criminally insane during the summer of 2007 and since that time has been a reputable and well-respected citizen and businessperson.

On February 1, 2008, Ira and Shirley entered into a contract in which Ira would sell his farm to Shirley for $300,000.

Ira now seeks to void the contract. Shirley insists that Ira is fully competent and has no right to avoid the contract. Who will prevail? Why?

Reference no: EM131377814

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