Identify the true statements regarding contractual capacity. (Check all that apply.) Multiple select question. A court could nullify a contract if a party were sufficiently intoxicated when the contract was formed. Capacity to contract becomes an issue only when contracts are made between friends. Adults who are parties to contracts with minors are not bound by them and have the power to disaffirm the contract. In most cases, an agreement involving a mentally incompetent person is either void or voidable