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 in 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.

Answer

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