Asked by
Destiny Casillas
on Nov 29, 2024Verified
If a person who has been declared incompetent by the courts enters into an agreement, that agreement is void, because it does not meet all the requirements of a binding contract.
Incompetent
Lacking the necessary ability, legal qualification, or fitness to manage one's own affairs or to handle a particular task or situation.
Void
A term describing an agreement or contract that has no legal effect and cannot be enforced by law.
- Understand the legal implications of contracts involving parties with limited capacity, such as minors or those declared incompetent.
Verified Answer
JJ
Learning Objectives
- Understand the legal implications of contracts involving parties with limited capacity, such as minors or those declared incompetent.
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