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25 November, 18:36

Anna is 88 years old and under the legal guardianship of her daughter. One day Anna receives a telephone call from a health insurance salesman and purchases a $400 a month insurance policy. This contract is:

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  1. 25 November, 21:53
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    Anna is 88 years old and under the legal guardianship of her daughter. One day Anna receives a telephone call from a health insurance salesman and purchases a $400 a month insurance policy. This contract is VOID.

    Explanation:

    The nullity is a legal sanction, which detracts from the effectiveness that a legal act can have, that has been born with some vice or that simply has not been formally born to the world of law.

    A contract can be classified as null by different factors, to define it more precisely, there are two types of nullity in a contract, there is Absolute Nullity and Relative Nullity.
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