What does legal disability refer to?

Legal disability refers to a condition in which an individual is deemed incapable of entering into a legal contract due to certain limitations. This may arise from factors such as age (minors), mental incapacity (such as due to mental illness or cognitive impairment), or certain physical disabilities that prevent the person from understanding their legal rights and responsibilities.

When a person is considered to have a legal disability, it means they lack the legal capacity to engage in contract formation, which protects those individuals from taking on obligations they may not fully understand or be able to fulfill. This provision is in place to ensure fairness and safeguard the rights of individuals who may be vulnerable or unable to advocate for themselves in a legal setting.

The other options either describe individuals who can enter contracts or refer to entities that have the ability to engage legally, which does not align with the definition of legal disability.