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

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



Answer :

GinnyAnswer

Final answer:

In a contract, being of legal age is a vital criterion to be considered a competent party.


Explanation:

Competent parties in a contract must meet certain criteria to be legally capable of entering into an agreement. Among these criteria, being of legal age is essential. If a person is not of legal age, they are considered legally ineligible to enter into a contract. Therefore, Option D ('The person must be of legal age') does NOT describe a competent party.


Learn more about Contracts and Competent Parties here:

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