Law 5110 Study Guide - Quiz Guide: Mental Disorder, Napoleonic Code, Timeshare
Document Summary
Legal capacity: the ability of a natural person to enter into a valid legal transaction. Two categories of people lacking legal capacity: minors (in particular young children), people with mental disorders. Legal incapacity is an instrument to protect parties who are presumed not to be able to take care of their own interests. If these persons conclude a contract with somebody else, most jurisdictions allow the legal representative of the incapacitated person to have this contract invalidated. In the case if mentally ill persons, it is not always apparent to the outside world that they are not capable of making rational decisions. Eng: english law allows a minor to validly enter a contract for necessaries (section 3(2) sale of. Necessaries are goods suitable to the condition in the life of the minor or other persons concerned and to his actual requirements at the time of sale and delivery.
