capacity to contract means
Answers
Answer:
Meaning of capacity to contract in English
if you have the capacity to contract, you have the ability or right to sign a legal agreement to show that you accept it: As far as age is concerned, a person who has reached 18 has the legal capacity to contract as an individual.
Explanation:
Meaning of capacity to contract in English
if you have the capacity to contract, you have the ability or right to sign a legal agreement to show that you accept it: As far as age is concerned, a person who has reached 18 has the legal capacity to contract as an individual.
Capacity to contract means a party has the legal ability to enter into a contract. Capacity also means a person has to be competent as defined by law. Someone's capacity is determined by whether or not they have reached the age of majority and if they are mentally capable of understanding the applicable contract terms.