Invalidating factors is postdating a
Contracts entered into by minors are never binding, allowing the minor to cancel the contract, or fail to fulfill his obligations under the contract, without consequence.
Generally speaking, invalidating a contract lacking contractual capacity may occur when (1) a party to the contract completely lacked an understanding of the contract, or (2) the party lacked a clear understanding of the consequences of entering into the contract.
While several classes of people considered to lack sufficient mental capacity to make legally binding agreements, argument may be successfully made to the court for other circumstances in which a signor to an agreement should be deemed unable to sign.
To explore this concept, consider the following contractual capacity definition.
Very few would purposefully invalidate someone else.
Not all mental and psychological impairments signify a lack of capacity to enter into legally binding agreements.
The burden of proof that a party to a contract actually lacked contractual capacity falls on that party or his legal representative.
The law typically recognizes three classes of individuals who are, in general, not regarded as having a great enough understanding or mental capacity to be bound by a legal contract or agreement.
These individuals without contractual capacity include: Contracts entered into by a party who lacks contractual capacity are voidable, and a void contract cannot be enforced.