Answered

In terms of parties to a contract, which of the following does NOT describe a competent party?

A. The person must be mentally competent to understand the contract.
B. The person must not be under the influence of drugs or alcohol.
C. The person must have at least completed secondary education.
D. The person must be of legal age.



Answer :

GinnyAnswer

Final answer:

A competent party in a contract must be mentally competent, not under the influence, and of legal age. Completion of secondary education is not a necessary condition for competence in a contract.


Explanation:

A competent party in a contract needs to meet certain criteria to be considered legally eligible. To be competent, a person must be mentally competent, not under the influence of drugs or alcohol, and of legal age. However, having completed secondary education is not a requirement for competency in a contract.


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