Which of the following is true regarding the ability of persons suffering from a

Question

Which of the following is true regarding the ability of persons suffering from a mental illness to enter into a binding contract? a) Persons suffering from a mental illness never have capacity to enter into a binding contract. b) Persons suffering from a mental illness have full capacity to enter into a binding contract, so long as they do not present a danger to themselves or others. c) Persons suffering from a mental illness have full capacity to enter into a binding contract, so long as they inform the other party that they are either in, or in the process of seeking, professional treatment. d) Persons suffering from a mental illness may have full, limited, or no legal capacity to enter into a binding contract, depending on the nature and extent of their mental deficiency e) Persons who suffer from a mental illness always have full capacity to enter into a binding contract.

Explanation / Answer

Persons suffering from a mental illness may have full, limited, or no legal capacity to enter into a binding contract depending on the nature and extent of their mental deficiency. Hence the correct option is D.

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