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What is meant by the expression “contractual capacity”? Illustrate your answer with use of appropriate examples.

What is meant by the expression “contractual capacity”? Illustrate your answer with use
of appropriate examples.

Answers


Maurice
This is the legal ability of a party to enter into a contractual relationship.
Not every person has capacity to enter into any contractual relationship.
A contract entered into by a person with no capacity to contract is unenforceable, for
example an infant has no capacity to enter into money borrowing transactions. A registered
company has no capacity to enter into transactions beyond the objects prescribed by the
memorandum of association.
A person of unsound mind has no capacity to contract.
maurice.mutuku answered the question on April 25, 2018 at 07:41

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