MGSC30H3 Lecture Notes - Trade Union, Ultra Vires, Embezzlement
Document Summary
Certain classes of promisors must be protected as a matter of public policy, either for reasons of their inexperience or immaturity. Infants: a person who has not reached the age of majority. Minors should not be bound by their promises, they are not liable on most contracts that they might negotiate. Law attempts to balance the protection of the minor with the need to contract by making only those contracts for necessary items enforceable against a minor. The enforceability of any contract for non-necessary goods will depend to some extent on whether the contract has been fully executed by the minor. If the contract has not been fully performed, then the agreement may be voidable at the minor"s option. The law provides that an infant will be bound by contracts for necessaries, and will be liable for a reasonable price for the goods received or the services supplied.
