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Question
Who can enter into a Contract?
Short Note
Solution
The Indian Contract Act specifies that every person is competent to contract provided he/she
- Is of the age of majority according to the law which he/she is subject to, and
- Who is of sound mind and
- Is not disqualified from contracting by any law to which he is subject to, an alien enemy, foreign sovereigns and accredited representative of a foreign state, insolvents, and convicts are not competent to contract.
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Meaning and Definition of the Indian Contract Act
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