contractual capacity

What Is Contract Capacity?

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What Is Contract Capacity? In contract law, a person’s ability to satisfy the elements required for someone to enter binding contracts. For example, capacity rules often require a person to have reached a minimum age and to have soundness of mind. What is capacity to contract example? An example of capacity of parties is the

Does An Intoxicated Person Have The Capacity To Contract Why Or Why Not?

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Does An Intoxicated Person Have The Capacity To Contract Why Or Why Not? An intoxicated person may lack the mental capacity necessary to contract. Generally, this will require extreme intoxication. If the intoxicated person enters into a contract, she must disaffirm the contract within a reasonable time of regaining capacity and learning of the contract.