/əˈbɪlətiː tuː pərˈfɔːrm/ – Pharse
Definition: năng lực hành vi.
A more thorough explanation: refers to the legal capacity or power of a party to fulfill their obligations under a contract or other legal agreement. This capacity typically involves having the necessary resources, skills, and authority to complete the required actions.
Example: In a construction contract, the contractor’s ability to perform the work may be contingent upon obtaining necessary permits and securing adequate financing.