Based on South African law.

Question 3 (20 Marks) Janice wishes to safeguard her business at all given times. She has heard from a friend that there are certain individuals who lack contractual capacity, and there are also individuals who have limited contractual capacity. Janice approaches you for advice. Explain to Janice what the term 'capacity to act' refers to in law. Furthermore, you are required to fully discuss the categories of persons who have LIMITED contractual capacity