Competent To Contract
Section 11 of The Indian Contract Act specifies that every person is competent to contract provided:
1. He should not be a minor i.e. an individual who has not attained the age of majority i.e. 18 years.
2. He should be of sound mind while making a contract. A person with unsound mind cannot make a contract.
3. He is not a person who has been personally disqualified by law.
4. not pardanashin women.
Read more about this topic: Indian Contract Act 1872
Famous quotes containing the words competent and/or contract:
“Modern children were considerably less innocent than parents and the larger society supposed, and postmodern children are less competent than their parents and the society as a whole would like to believe. . . . The perception of childhood competence has shifted much of the responsibility for child protection and security from parents and society to children themselves.”
—David Elkind (20th century)
“A contract for better for worse is a contract that should not be tolerated.”
—George Bernard Shaw (1856–1950)