Which of the following categories of people have the right to walk away from a contract they made to buy a new house?
A) an insane person
B) a minor
C) a heavily intoxicated person
D) none of these conditions are relevant
E) all of those conditions can be relevant to contractual capacity

Question

Quizplus · Accepted Answer

All of those conditions can be relevant to contractual capacity. Contractual capacity refers to the ability of a person to understand and enter into a contract. If a person is insane, a minor, or heavily intoxicated at the time of entering the contract, they may not have the mental capacity to comprehend the terms of the contract and the consequences of entering into it. Therefore, they may have the right to walk away from the contract.

Which of the Following Categories of People Have the Right