Management and Organizational Studies 2275A/B Chapter Notes - Chapter 7: Legal Personality, Indian Act

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 2275A/B
• Professor: Cristin Keller

Document Summary

Most of the time you"re talking about people who have sound mind and above the age of majority. The adult that their contracting with will always be bound. A voidable contract means that it is a valid contract but one or both parties can get out of the contract. A void contract means that you"ve never had a legally binding contract. Whether you"ve had a contract, or you"ve never had a contract at all means that you can get damages. if you"ve reached the age of majority, the court can deem you that"s called ratify. This is someone trying to get out of the contract by claiming that they didn"t have the mental capacity because they didn"t have the cognitive (insanity) piece or they were drunk. They have to prove that they were drunk or that they didn"t have the mental capacity.