Entering into a contract with persons of legal age and normal mentality are considered within the element of:
A) legality of purpose.
B) competency of parties.
C) mutual agreement.
D) proper form.

Question

Quizplus · Accepted Answer

Competency of parties refers to the ability of individuals to enter into a legally binding contract. This includes being of legal age and having the mental capacity to understand the terms of the agreement.

Entering into a Contract with Persons of Legal Age and Normal