What constitutes "legal capacity"?

Legal capacity refers to an individual's ability to understand the nature and consequences of their actions, specifically within the context of entering into legal agreements or facing legal responsibilities. This involves comprehending the significance of their decisions and their potential legal repercussions. When someone has legal capacity, they can engage in contracts, make wills, and consent to legal proceedings, among other legal actions.

The other options do not align with the definition of legal capacity. The decision-making power of a court relates to judicial authority rather than individual capacity. The authority of a legal professional pertains to their qualifications and powers in the legal field but does not define individual capacity. The requirement to be a resident of a jurisdiction addresses jurisdictional issues and not the ability of individuals to understand legal matters. Thus, the recognition of legal capacity is fundamentally tied to the understanding of one's actions and their legal implications.