Capacity to contract

A person´s competency, as defined by law, to make a contract. Capacity to contract is typically determined by whether a person has attained majority age and is mentally capable of understanding the contract terms.

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Captain´s protest

A document prepared by the captain of a vessel on arrival at port, showing unusual conditions encountered during voyage. Generally, a captain´s protest is prepared to relieve the shipowner of any liability for any loss to cargo, thus requiring cargo…

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