ContractsContract_essentialsMEDIUM
A person under legal guardianship due to a court finding of mental incompetence signs a purchase contract. What is the most likely status of this contract?
Correct Answer
D) Void, because the party lacks legal capacity as adjudicated by the court
A person adjudicated mentally incompetent by a court generally lacks legal capacity, making the contract void rather than merely voidable.
Answer Options
A
Enforceable, because anyone can sign a contractB
Voidable at the guardian's electionC
Valid if witnessed by two peopleD
Void, because the party lacks legal capacity as adjudicated by the courtWhy This Is the Correct Answer
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Related Topics & Key Terms
Key Terms:
contract_essentialscontractscapacityincompetence
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