A Contract Made by a Person with Partial Capacity Is

question 191

Multiple Choice

A contract made by a person with partial capacity is:

• A) not enforceable
• B) enforceable unless the person with partial capacity exercises the right to disaffirm the contract
• C) enforceable in some states, but not others
• D) enforceable only if the other party has complete capacity to contract
• E) none of the other choices are correct

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Definitions:

Restore Equity

The act of rectifying or balancing out an unfair situation, ensuring fairness and justice in the distribution of resources or treatment.

Overpaid

Describes a situation where an individual receives compensation that is considered excessively high for the work performed or the position held.

Higher Order Needs

In Maslow's hierarchy, these refer to psychological and self-fulfillment requirements such as esteem and self-actualization.

Self-Actualisation

The realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone.