Who is legally capable of entering into a contract?

Contracts & Business Law

The Civil Code generally permits persons to contract except those legally incapable, including minors and persons who lack the required mental capacity at the relevant time. A person whom another law makes incapable of entering a particular type of contract also cannot validly enter that contract.[1]

For companies, the person signing should also have authority to bind the company.

Sources

  1. Nepal Law Commission, **National Civil Code, 2074**, Part 5, including ss. 504–541 and special contract chapters. View source
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