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Which of the following best defines capacity in the context of contract law? a . The ability of a party to understand the terms of

Which of the following best defines capacity in the context of contract law?
a. The ability of a party to understand the terms of a contract
b. The financial resources required to fulfill contractual obligations
c. The legal age at which a person can enter into a contract
d. The willingness of a party to enter into a contract
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