Capacity to contract means
A)the ability to make an offer or accept an offer.
B)the competence to enter into a legally binding contract.
C)the ability to pay damages in the event of a breach of contract.
D)the ability to make a promise.
E)the ability to comprehend the terms of a contract.

Question

Quizplus · Accepted Answer

Capacity to contract refers to the legal competence of a person to enter into a binding contract, meaning they have the mental ability and legal standing to understand and agree to the contract terms.

Capacity to Contract Means