Which of the following is correct with regard to the capacity of an agent?
A) The incapacity of the agent disqualifies him from making a contract that is binding on his principal.
B) No mental capacity is necessary for an agent.
C) If an incompetent person who is not under guardianship appoints an agent, contracts made by that agent are voidable.
D) A young child or a person under guardianship has the capacity to act as an agent.

Question

Quizplus · Accepted Answer

If an incompetent person who is not under guardianship appoints an agent, the contracts made by that agent are voidable because the principal's capacity affects the validity of the contract.

Which of the Following Is Correct with Regard to the Capacity