minors, individuals who are mentally ill, persons under the influence of alcohol or drugs, and those under a legal guardianship
People who do not have the mental competence.
that there are restrictions on who can enter into a contract
A person's capacity to enter into a contract refers to the legal ability of a person to enter into a contract. It also means that they can mentally understand the terms of the contract. visit our website to know more link in bio.
No they do not
correct
the legal power to give consent
capacity given to a minor to enter into contract without parent
Any one that has the legal capacity may enter into a contract. That means the individual must be an adult and of sound mind. A drunk signing a contract may be able to void it.
As for contract law, a person must be able to understand the nature and consequences of the contract when it is formed. Mental capacity refers to one's legal ability to enter into a contract. Your question is assumed to refer to a person who lacks mental capacity. A person who lacks mental capacity cannot understand the obligations under a contract and that makes the contract voidable in most cases.Also, a minor cannot make a valid contract in most cases.
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Two or more people of sound mind and legal age at the time the contract is initiated.
Marriage is a contract. A deceased person does not have the legal capacity to willingly enter into any contracts.