A valid contract requires competent parties. This means that at the time of making the contract, the parties:
A) must be of legal age.
B) must have competent mental capacity.
C) must not be under the influence of alcohol or other drugs.
D) all of the above.

Question

Quizplus · Accepted Answer

Competent parties must be of legal age, have the mental capacity to understand the contract, and not be under the influence of substances that impair judgment.

A Valid Contract Requires Competent Parties