A contract (ʿaqd) creates or transfers rights through a transaction; an admission (iqrār) acknowledges a pre-existing right or liability against oneself. Both are juridical declarations, so legal capacity matters.
If a minor says, “I bought your watch,” and later says, “I owe you Rs 50,000,” the first raises issues of a bargain and the second of admission of debt. They cannot be handled as though they were the same legal act.
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Contracts and admissions are distinct acts
Kitab al-Hajr: Grounds of Legal Restriction, Capacity and Liability
A contract (ʿaqd) creates or transfers rights through a transaction; an admission (iqrār) acknowledges a pre-existing right or liability against oneself. Both are juridical declarations, so legal capacity matters.
If a minor says, “I bought your watch,” and later says, “I owe you Rs 50,000,” the first raises issues of a bargain and the second of admission of debt. They cannot be handled as though they were the same legal act.