Question
Competency to contract relates
toSolution
Section 11 of the Indian Contract Act states competency to contract depends on being of the age of majority and sound mind. Both these criteria ensure that parties understand the nature and consequences of the contract.[Indian Contract Act, Section 11]
During the financial year 2023-24, A had cash sales of ₹3,90,000 and credit sales of ₹1,60,000. His expenses for the year were ₹2,70,000, out of w...
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I- The workers in the age gro...
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