Customers opening current accounts and borrowers must have the capacity to contract or else the banker-customer contract
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Question:
“Customers opening current accounts and borrowers must have the capacity to contract or else the banker-customer contract is void”.
Explain what is meant by “capacity to contract” in the context of this case.
Related Book For
Fundamentals of corporate finance
ISBN: 978-0470876442
2nd Edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
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