A person who is mentally impaired generally can create only voidable contracts.
Any mental or psychological disease, such as a developmental impairment, organic brain syndrome, a mental illness, or a particular learning disability, is referred to as being mentally handicapped or impaired.
Bipolar disorder, schizophrenia, major depression, anxiety disorders, obsessive-compulsive disorder, post-traumatic stress disorder (PTSD), and personality disorders are examples of mental illnesses and psychological disorders that affect the mind.
A formal contract between two parties is voidable if one or both parties fail to disclose a material fact. This can happen for a variety of legal reasons, including failure to disclose a material fact. It is an error, a false statement, or fraud.
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