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Two persons have capacity to contract :
if both have attained the age of maturity.
If both are not of unsound mind.
If none is disqualified from contracting by any law to which he is subject.
All are correct.
- Option 1: A person can contract if they have attained the age of maturity (usually 18 in most jurisdictions).
- Option 2: For a contract to be valid, neither party should be of unsound mind at the time of agreement.
- Option 3: Contracting parties must not be disqualified by any applicable law (e.g., bankruptcy, insolvency).
- Option 4: All the above conditions need to be met for a valid contract.
Option 4 is correct.
By: Parvesh Mehta ProfileResourcesReport error
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