A ________________ is a person of legal age and at least normal mentality who is considered by law to be capable of understanding the meaning of a contract and is permitted to enter into a valid contract.

Question

Quizplus · Accepted Answer

The term used to describe a person who is legally allowed to enter into a contract and is deemed competent to understand its terms is a competent party. This individual must have reached the age of majority and have normal mental capacity to make such decisions. The other options may be related to contracts but do not accurately describe the concept of a legally competent party.

A ________________ Is a Person of Legal Age and at Least