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Which of the following persons are not competent to Contract being the persons disqualified by law?
Alien enemies
Insolvents
Convicts
All of the above
- Alien Enemies: They are citizens of a country that is at war with the home country. Laws often restrict their ability to engage in contracts for security reasons.
- Insolvents: Once declared insolvent, a person’s ability to manage their financial affairs is legally restricted. They cannot enter into contracts involving personal assets.
- Convicts: People serving a prison sentence may have their contractual rights limited, as they lack the freedom to manage their own affairs.
- Option 4: All of the above: This option is correct because each of the above categories includes individuals who may be disqualified from contracting due to legal restrictions.
Correct Answer: Option 4 - All of the above
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