A student asks who is generally treated as lacking capacity to contract. The listed groups are the mentally ill, the intoxicated and:
ALanded owners
BLegal minors
CLocal mayors
DLicensed traders
Answer & Solution
Correct answer: B. Legal minors
1. Capacity is about being able to understand the bargain.
2. Age is one recognised reason someone may not.
3. The third group is legal minors.
_Source: OpenStax Business Law I Essentials 2e, Chapters 7 and 8, Contract Law and Sales Contracts._
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