A contract is valid only if both of the parties entering into it have the capacity to do so.

Name: A contract is valid only if both of the parties entering into it have the capacity to do so.
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Question

​A contract is valid only if both of the parties entering into it have the capacity to do so.

Quizplus · Accepted Answer

Capacity refers to the legal ability of a person to enter into a contract. Both parties must have the mental and legal capacity to enter into the agreement for the contract to be considered valid.

​A Contract Is Valid Only If Both of the Parties

A Contract Is Valid Only If Both of the Parties