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Which of the following lacks contractual capacity to enter into a contract?

The law recognizes three categories of individuals who lack the capacity to contract: minors, individuals with psychological disabilities, and intoxicated persons. If anyone from these categories enters into a contract, the agreement might be considered "voidable" by them.

Which is not an example of a lack of capacity to enter into a contract?

Alcohol and Drugs Those who are intoxicated by alcohol or drugs aren't considered to lack capacity to enter into a contract.

What is contractual capacity quizlet?

Contractual Capacity. mental ability to understand rights and obligations of contract and how to comply with terms. *legal ability to enter into a contract.

Which of the following contracts can be enforced against a minor quizlet?

The three most common necessaries are food, education, and shelter. A disaffirmed contract for a necessary may still be enforced against a minor for a reasonable value.