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Cooper McCanna
on Nov 27, 2024

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Among the requirements for a valid contract, courts generally presume the existence of

A) none of the choices.
B) minority.
C) mental incompetence.
D) contractual capacity.

Contractual Capacity

The legal ability to enter into contracts; the threshold mental capacity required by law for a party who enters into a contract to be bound by that contract.

Valid Contract

An agreement between parties that meets all legal requirements and is enforceable by law.

  • Comprehend the contractual capacity of individuals including minors, intoxicated persons, and those adjudged mentally incompetent.
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KM
Krisalyn MagdalenoNov 30, 2024
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