Asked by Adecel Rusty on Jul 29, 2024
Verified
A person who lacked capacity to contract due to mental impairment can ratify the contract once he/she regains his/her normal mental faculties.
Ratify
To formally approve or confirm, often referring to the approval of agreements, treaties, or constitutional amendments.
Mental Impairment
A condition affecting one's cognitive abilities and daily functioning, possibly due to illness or injury.
- Learn the legal frameworks related to the affirmation and disavowal of contracts by those under legal adulthood.
- Understand the legal effects of intoxication and mental disability on the capacity to form contracts.
Verified Answer
SH
Sowmya h. k.Aug 05, 2024
Final Answer :
True
Explanation :
If a contract is found to be voidable on the ground of mental impairment,the person who lacked capacity at the time the contract was made has the right to disaffirm the contract.A person formerly incapacitated by mental impairment can ratify a contract if he/she regains his/her capacity.
Learning Objectives
- Learn the legal frameworks related to the affirmation and disavowal of contracts by those under legal adulthood.
- Understand the legal effects of intoxication and mental disability on the capacity to form contracts.