Multiple choice

Competency to contract relates to

  1. age of the parties

  2. soundness of mind of the parties

  3. both age and soundness of mind

  4. intelligence of the parties
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Option (3) is correct: Competency under the Indian Contract Act means that the parties must be major to the contract and must be of sound mind.

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