Examlex
Which of the following would NOT be considered one of a family's liabilities,used in calculating wealth?
Rescind A Contract
The legal act of revoking, canceling, or annulling a contract, returning the parties to their positions prior to the agreement.
Negligent Acts
Actions or failures to act leading to someone's harm or damage, which occur due to carelessness rather than intentional harm.
Capacity to Contract
The legal capability of an individual or entity to enter into a binding contract.
Mental Impairment
A condition that affects a person's thinking, feeling, mood, or ability to relate to others, significantly impacting daily functioning.
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