Question

parties to a contract must be competent to contract . discuss the position of minor in this regard? commercial law marks 10

Answer 1

Answer:

Yes.It is true. Parties must be competent and sure of their contraction.

Explanation:

Answer 2

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• One of the most essential elements of a valid contract is the competence of the parties to make a contract.
• Position of a Minor with Regard to the Contracts Entered into by Him. ... Section 11 provides that every person is competent to contract who is of the age of majority according to the law to which he is subject, and who is of sound mind, and is not disqualified from contracting by any law to which he is subject.