The Threshold Mental Competence Required by Law for a Party

question 116

Multiple Choice

The threshold mental competence required by law for a party who enters into a contract to be bound by that contract is called

• A) offer.
• B) acceptance.
• C) consideration.
• D) contractual capacity.

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Definitions:

Superiority

The state or condition of being superior to others in performance, quality, or status.

Inferiority

A feeling of being lower in status or quality than others.

Third Person

A point of view in communication or literature where the narrator or presenter refers to all participants using third-person pronouns like he, she, it, or they.

Second Person

A point of view in literature where the narrator addresses the reader directly using 'you.'