If a person is unable to understand the nature and effect of entering into a contract,he or she can avoid it.

Name: If a person is unable to understand the nature and effect of entering into a contract,he or she can avoid it.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is true. If a person lacks the mental capacity to understand the terms and implications of a contract, they cannot be held legally responsible for entering into it. They may also have the option to void the contract or have it declared void by a court.

If a Person Is Unable to Understand the Nature and Effect