BLAW 3201 Lecture : BLAW Final Notes
Document Summary
It is presumed that people have capacity, so you can refute that. Incidents where people are legally restricted from entering a contract: minors (under 18, incompetent persons, intoxicated persons (involuntarily intoxicated) Contracts are voidable if : disaffirmance, ratification. If you will participate in a contract with a minor without a guarantoor, you. Runt he risk of a minor escaping contractuable liability. Disaffirmance avoidance of the contract; may be done during minority and for. Case: young man borrowed money for truck (16) purchased, drove 9 months, Truck needed repair due to minors failure, things got bad minor had to stop. Driving or spend money, chose not to , kept driving anyway, parked it and (9. Months after) informed the seller to disaffirm the contract and get money. Back, seller of course said no, truck didn"t function, seller gets hit with. Lawsuit, he defends he waited too long, ques: would a minor who abusively.
