Who among the following generally has no capacity to enter into a valid contract
Answer Details
Infants generally have no capacity to enter into a valid contract.
An infant is a legal term used to refer to a person who is under the age of majority, which is usually 18 years old. Infants are generally considered to lack the legal capacity to enter into a contract because they may not fully understand the nature and consequences of the agreement they are entering into.
The law recognizes that infants are not mature enough to make binding legal commitments and therefore provides protection for them. This protection is based on the assumption that infants may be taken advantage of by others who may have more experience or knowledge in certain matters.
As a result, contracts entered into by infants are usually considered voidable, meaning that the infant has the option to either enforce or disaffirm the contract upon reaching the age of majority. This means that the infant can either choose to uphold the contract and be bound by its terms, or repudiate the contract and be released from any obligations under it.
In summary, infants generally lack the capacity to enter into a valid contract due to their immaturity and the potential for exploitation by others. Any contracts entered into by infants are usually considered voidable, giving the infant the option to enforce or disaffirm the contract upon reaching the age of majority.