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Author Question: What does it mean to have the capacity to enter into a contract? What will be an ideal ... (Read 30 times)

plus1

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What does it mean to have the capacity to enter into a contract?
 
  What will be an ideal response?

Question 2

The word bankruptcy is a combination of two Latin terms, bankus and ruptus, literally meaning broken bench.
 
  Indicate whether the statement is true or false



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Fayaz00962

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Answer to Question 1

Capacity is the legal ability to enter into a contract including being of legal age, typically 18 years old, today. It also means having mental capacity sufficient at the time of contracting to understand the consequences of one's actions.

Answer to Question 2

TRUE




plus1

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Reply 2 on: Aug 3, 2018
Gracias!


ttt030911

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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