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What is contractual incapacity?

Updated: 12/18/2022
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Acmcmillon

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Q: What is contractual incapacity?
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Her incapacity while changing the oil in her car made the motor burn up. Incapacity describes the inability to do a certain task.


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Prodigals are individuals who are unable to manage their finances responsibly due to mental incapacity or impulsiveness. They may lack the contractual capacity to enter into binding agreements because they cannot fully understand the implications of their actions. As a result, their contracts may be voidable if it can be shown that they were not in a sound state of mind when entering into the agreement.


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