Definition: A party to a contract who possesses the legal capacity to enter into a binding contract.
Pronunciation: \ˈkäm-pə-tənt\
Used in a Sentence: The elderly owner was deemed competent to sign the contract for the sale of his property.
Definition: A party to a contract who possesses the legal capacity to enter into a binding contract.
Pronunciation: \ˈkäm-pə-tənt\
Used in a Sentence: The elderly owner was deemed competent to sign the contract for the sale of his property.