Evaluate the following statements: A: When money is paid or property delivered for an illegal purpose, the contract may be repudiated by one of the parties before the purpose has b... Evaluate the following statements: A: When money is paid or property delivered for an illegal purpose, the contract may be repudiated by one of the parties before the purpose has been accomplished. B: A contract which was entered into during the lucid interval of a demented person is valid. Read more

Understand the Problem

The question presents two statements related to contract law. Statement A concerns the repudiation of a contract with an illegal purpose before it's accomplished. Statement B deals with the validity of a contract entered into by a person with dementia during a lucid interval. The problem requires evaluating the correctness of each statement based on legal principles.

More Information

A lucid interval is a period of temporary mental clarity experienced by a person with dementia or other cognitive impairment. Contracts made during these intervals are generally considered valid because the person is considered to have the capacity to understand the agreement at that time. The contract can be repudiated before the illegal purpose is achieved to prevent the completion of the illegal act.

Tips

Some contracts are considered valid or invalid depending on the timing of the agreement and mental state of the agreeing parties.

Sources

• Republic Act No. 386 - faolex.fao.org
• Philippines Republic Act 386 (Civil Code) | Trans-Lex.org - trans-lex.org
• Dementia - Diagnosis and treatment - Mayo Clinic - mayoclinic.org