Capacity is the contractual element to protect a vulnerable person from being taken advantage of.

Question

Quizplus · Accepted Answer

Capacity refers to the ability of a person to make decisions for themselves. Capacity is important in contracts as it ensures that the parties involved are able to understand and agree to the terms of the contract. In cases where a person may be vulnerable or unable to make decisions for themselves, the concept of capacity helps protect them from being taken advantage of in contracts.

Capacity Is the Contractual Element to Protect a Vulnerable Person