Which of the following is true regarding the ability of persons suffering from a mental illness to enter into a binding contract?
A)Persons suffering from a mental illness have full capacity to enter into a binding contract so long as they inform the other party that they are in treatment.
B)Persons suffering from a mental illness may have full,limited,or no legal capacity to enter into a binding contract depending on the nature and extent of their mental deficiency.
C)Persons who suffer from a mental illness always have full capacity to enter into a binding contract.
D)Persons suffering from a mental illness have full capacity to enter into a binding contract so long as they do not present a danger to themselves or others.
E)Persons suffering from a mental illness have no capacity to enter into a binding contract.

Question

Quizplus · Accepted Answer

A)Persons suffering from a mental illness or deficiency may have full,limited,or
no legal capacity to enter into a binding contract,depending on the nature and extent of their deficiency.
B)Persons suffering from a mental illness or deficiency may have full,limited,or no legal capacity to enter into a binding contract,depending on the nature and extent of their deficiency.

Which of the Following Is True Regarding the Ability of Persons