Which type of individual would make a contract that is considered void?

Prepare for the Funeral Service Education (FSE) National Board Exam with comprehensive resources. Access multiple choice questions, flashcards, and detailed explanations to boost your confidence and improve your knowledge. Ace the exam seamlessly!

A contract is considered void if the individual entering into it lacks the legal capacity to do so. A judicially declared insane person is someone who has been deemed by the court to be unable to understand the nature and consequences of their actions. Consequently, any contract they attempt to enter into is void because they cannot provide informed consent.

In legal terms, validity of contracts often hinges on the ability of the parties to comprehend their rights and obligations. Therefore, when a person has been declared insane by a court, the law recognizes that they cannot understand or engage in contractual agreements sensibly, thus rendering any contract they enter into void from the beginning.

Minors, while they can enter contracts, typically have the option to void those contracts upon reaching the age of majority or if they choose to do so while still minors. A mentally competent person and a sober adult, on the other hand, have the legal capacity to enter into contracts, assuming they are not under undue influence or other constraints that would impede their understanding.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy