A competent party is said to have contractual capacity,that is,the ability to:
A) amend the contract.
B) disaffirm the contract.
C) make a valid contract.
D) impose undue influence.

Question

Quizplus · Accepted Answer

A competent party is someone who has the legal ability to make a valid and enforceable contract. This means they have the capacity to understand the terms of the contract and are not under any duress or undue influence. So, the ability to make a valid contract is the correct answer. The other options are irrelevant or incorrect.

A Competent Party Is Said to Have Contractual Capacity,that Is,the