Asked by
Justin Sotelo
on Nov 21, 2024Verified
________ is when someone has some sort of mental or physical defect that prevents him or her from being able to enter into a legally binding contract.
A) Immortality
B) Legality
C) Incapacity
D) Majority
E) Mental illness
Incapacity
A legal status referring to an individual's inability to enter into binding contracts or perform legal acts due to mental disability, age, or other reasons.
Mental Or Physical Defect
A condition that impairs an individual's mental or physical capacity, potentially affecting their ability to perform certain tasks or engage in certain activities.
Legally Binding Contract
An agreement between two or more parties that is enforceable by law, usually requiring an offer, acceptance, and consideration.
- Comprehend the circumstances that could lead to an individual being deemed legally incapable of contracting and the ramifications of this status.
Verified Answer
SK
Learning Objectives
- Comprehend the circumstances that could lead to an individual being deemed legally incapable of contracting and the ramifications of this status.