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competent party

Persons legally capable of entering a contract. Persons who are under age, mentally insane, or under the influence are not competent parties.

Related information about competent party:
  1. What is competent party? - BusinessDictionary.com
    Definition of competent party: Person or organization having the required legal capacity to enter into a binding contract.
     
  2. Competent Party: Definition from Answers.com
    Person legally capable of entering a contract. A person must be of legal age and not insane or a drunkard.
     
  3. What is competent party? definition and meaning - InvestorWords.com
    Definition of competent party: Persons legally capable of entering a contract. Persons who are under age, mentally insane, or under the influence are not ...
     
  4. What is party? definition and meaning
    party in interest · third party beneficiary · third party · secured party · third party origination · accommodation party · competent party · related party transaction ...
     
  5. 2. Parties To A Contract. A. There Must Be Two Or More Competent ...
    Nov 11, 2012... not naturalized and since his country was at war with the United States, he was not a competent party and could not make a valid contract.
     
  6. Business Law flashcards | Quizlet
    Vocabulary words for Business Law. Includes studying games ...
     
  7. Aftershock director 'competent' Party chief
    Aug 4, 2010 ... Chinese director Feng Xiaogang claims his capabilities in effectively balancing the different concerns in producing the disaster film Aftershock ...
     
  8. party pooper - Legal Dictionary - The Free Dictionary
    party (Participant), noun attendant, cooperator, partaker, participator, partisan, partner, sharer. Associated concepts: accommodation party, competent party, ...