In order to have a valid contract, all parties to a contract must have capacity to enter into a contract

“In order to have a valid contract, all parties to a contract must have capacity to enter into a contract.”- Loganathan Krishnan et.al, ‘Principles of Business and Corporate Law, Malaysia’, (2015) Wolters Kluwer, p 65 With relevant case laws and provisions of the Malaysian Contract Act 150, explain what is capacity and its exception to the general rule.

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