If a Person Is Unable to Understand the Nature and Effect

question 11

True/False

If a person is unable to understand the nature and effect of entering into a contract, he or she can avoid it.

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Definitions:

Unenforceable

A term used to describe a contract or clause that cannot be legally enforced or compelled in a court of law.

Valid

Having legal force, or being legally binding and enforceable.

Guarantee

A promise or assurance, typically in writing, that certain conditions will be fulfilled, especially that a product will meet certain quality and performance standards.

Requirement of Writing

A legal principle that certain contracts or agreements must be in written form to be legally valid.