key acknowledgement of person's capacity to contract. to empower the intellect .

1. CAPACITY TO
CONTRACT
PRESENTED BY- ADITYA YADAV
HARSH VARDHAN MUDGAL
MAM-II

2. Capacity to contract means the legal competence of a person
to enter into a valid contract. Usually the capacity to
contract refers to the capacity to enter into a
legal agreement and the competence to perform some act.
The basic element to enter into a valid contract is that he
must have a sound mind. According to Sec.10: An Agreement
becomes a contract if it is entered into between the parties
who are competent to contract.

3. WHO CAN NOT MAKE A CONTRACT?
 minors
 persons of unsound mind
 other persons

4. MINORS
The person who is below 18 years.

5. MINORS AGREEMENT
• Agreement with minor is void
• Minor can be a promisee or beneficiary
• His agreement cannot be ratified by him on attaining the age of majority
• Minor can’t ask for compensation
• Minor as partner for benefits only
• He can be an agent, agreement with minor is void
• Minor as partner for benefits only
• He can be an agent

6. PERSON OF UNSOUND MIND
A person is said to be of sound mind for the purpose of making a
contract if at the time when he makes it, he is capable of
understanding it and forming a rational judgement as to its upon his
interest .

7. Lunicants.
Idiots.
Drunken Or Intoxicated Persons.

8. OTHER PERSONS
 Alien
Enemies

9. Foreign
Sovereigns

10. Insolvents

11. Convicts