Asked by

Ashandeep Singh
on Nov 27, 2024

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Only one party entering into a contract must possess characteristics that qualify him or her as competent for a valid contract to exist.

Competent

Having the necessary ability, knowledge, or skill to perform a task effectively or to make legally binding decisions.

  • Pinpoint the fundamental requirements for a contract to be considered valid.
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Nikita PurohitDec 01, 2024
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