Regarding contract law,what does legal capacity mean?
A) An individual fully understands the terms of the contract.
B) An individual has the financial capability to comply with the contract terms.
C) An individual does not suffer from a mental disability.
D) An individual is considered a legally emancipated adult.
Correct Answer:
Verified
Q4: Several defenses are available when a breach
Q5: All contracts must contain
A) three parties who
Q6: In all contracts,the individuals involved must
A) negotiate
Q7: When making the interpretation of the terms
Q8: Regarding contracts with persons without capacity,the theory
Q10: Who can enforce the contract against the
Q11: Breach of contract has which three remedies?
A)
Q12: Which is a common defense against allegations
Q13: Technically,lack of mental capacity only considers those
Q14: What type of contract is an agreement
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