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Home » Law Dictionary » C » CAPACITY TO CONTRACT

CAPACITY TO CONTRACT

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

Being able to enter into a binding contract, being of at least the minimum age and having a sufficiently sound and capable mind to appreciate and understand the nature of the agreement.

Related Legal Terms & Definitions
  • TESTAMENTARY CAPACITY Being of sufficiently sound mind to be able to write a valid will. The mental…
  • CRIMINAL CAPACITY Being of sufficiently sound mind so that one may be found guilty of committing a…
  • MIND In its legal sense, "mind" means only the ability to will, to direct, to permit,…
  • PREPARATORY CONTRACT An agreement that is in anticipation of another subsequent contract that will supersede the terms…
  • DISPOSING CAPACITY OR MIND These are alternative or synonymous phrases in the law of wills for "sound mind," and…
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