Vidyalelo
Commerce · Q724

Insurance

Graduate and Post Graduate · Commerce · question 724

Q724

Which is not a capacity to enter into contract?

A.
Minor
Answer
B.
Major
C.
Sound mind
D.
Not disqualified under law

Answer: Option A

Solution

Answer: Option A
Solution:
Minors (those under the age of 18, in most states) lack the capacity to make a contract. So a minor who signs a contract can either honor the deal or void the contract.