A contract made by a person with partial capacity is:
A) not enforceable
B) enforceable unless the person with partial capacity exercises the right to disaffirm the contract
C) enforceable in some states, but not others
D) enforceable only if the other party has complete capacity to contract with persons of partial capacity
E) not enforceable unless it deals with property worth less than $100 and there is a written agreement

Question

Quizplus · Accepted Answer

A person with partial capacity has some ability to enter into contracts, but may lack capacity on certain aspects of the agreement. For example, a minor may have partial capacity to enter into contracts but lack capacity to enter into a contract that involves selling property. In general, contracts made by persons with partial capacity are enforceable unless the person exercises the right to disaffirm the contract. Disaffirmance must occur within a reasonable time after the person regains full capacity or learns of the contract (depending on the specific circumstances).

A Contract Made by a Person with Partial Capacity Is