Among the requirements for a valid contract, courts generally presume the existence of
A)none of the choices.
B)minority.
C)mental incompetence.
D)contractual capacity.

Question

Quizplus · Accepted Answer

Courts generally presume the existence of contractual capacity as a requirement for a valid contract. Contractual capacity refers to the legal ability of a party to enter into a contract. The presumption is that individuals have the capacity to contract unless it is proven otherwise, such as in cases of minors or mental incompetence, where capacity may be lacking.

Among the Requirements for a Valid Contract, Courts Generally Presume