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Definitions for "COMPETENT PARTIES"
Keywords:  drunkard, insane, salesperson, valid, capable
Related Terms: Capacity of parties, Promise, Covenant not to compete, Null and void, Retainer agreement, Contracts, Breach of covenant, Valid contract, Contract , Quasi-contract, Legal age, Rescission of contract, Unenforceable contract, Privity of contract, Agreement, Covenants, Voidable contract, Restrictive covenant, Voidable, Unenforceable, Obligation, Negative covenant, Executory, Covenant, Meeting of minds, Lease agreement, Accord and satisfaction, Premarital agreement, Quasi contract, Consideration, Compromise agreement, Non-disclosure agreement, Condition, Deed of covenant, Restrictive covenant, Capacity, Grant agreement, Executory contract, Undertaking, Nondisclosure agreement, Voluntary arrangement, Unilateral contract, Notaire, Oral agreement, Specific performance, Statute of frauds, Breach of contract, Tenancy agreement, Anticipatory breach
Persons legally capable of entering a contract must be of legal age, not be insane or a drunkard.
mgmfinancial.com
In order for a contract to be valid it must be made between parties who are considered legally competent.
bedfordgrangemutual.com
Persons considered legally capable of entering into a binding contract.
bobvila.com
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