Which one of the following lacks legal capacity to enter into a binding contract?
A) partnerships
B) executors
C) corporations
D) mental incompetent

Name: Which one of the following lacks legal capacity to enter into a binding contract? A) partnerships B) executors C) corporations D) mental incompetent
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Question

Quizplus · Accepted Answer

Mental incompetents lack the legal capacity to enter into a binding contract because they do not have the mental capacity to understand the nature and consequences of their actions.

Which One of the Following Lacks Legal Capacity to Enter