Indian Contract Act 1872 - Competent To Contract

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 to, competent and/or contract:

    Such is the confidence that we have through Christ toward God. Not that we are competent of ourselves to claim anything as coming from us; our competence is from God, who has made us competent to be ministers of a new covenant, not of letter but of spirit; for the letter kills, but the Spirit gives life.
    Bible: New Testament, 2 Corinthians 3:4-6.

    The hurried are not competent; the competent are not hurried.
    Chinese proverb.

    Smoking ... is downright dangerous. Most people who smoke will eventually contract a fatal disease and die. But they don’t brag about it, do they? Most people who ski, play professional football or drive race cars, will not die—at least not in the act—and yet they are the ones with the glamorous images, the expensive equipment and the mythic proportions. Why this should be I cannot say, unless it is simply that the average American does not know a daredevil when he sees one.
    Fran Lebowitz (b. 1950)