Competent Party

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Definition: Competent Party

Competent Party
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Sources

Full Definition of Competent Party

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

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/competent-party/
Modern Language Association (MLA):
Competent Party. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 16, 2024 https://payrollheaven.com/define/competent-party/.
Chicago Manual of Style (CMS):
Competent Party. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/competent-party/ (accessed: April 16, 2024).
American Psychological Association (APA):
Competent Party. PayrollHeaven.com. Retrieved April 16, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/competent-party/

Definition Sources

Definitions for Competent Party are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.