Everyone is regarded as having contractual capacity unless the law, for public policy reasons, holds that the individual lacks such capacity.

Name: Everyone is regarded as having contractual capacity unless the law, for public policy reasons, holds that the individual lacks such capacity.
Brand: Quizplus
Rating: 4.9 (41 reviews)

Question

Quizplus · Accepted Answer

This is the general rule of contractual capacity. However, there are some exceptions where certain individuals, such as minors or individuals with mental incapacity, are considered to lack contractual capacity.

Everyone Is Regarded as Having Contractual Capacity Unless the Law