BSLW1021 Study Guide - Final Guide: Pregnancy Discrimination Act, Fide, Strike Action
29 Jan 2014
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Contractual capacity: contractual capacity defined, contractual capacity is the ability to understand that a contract is being made and to understand its general meaning. i. ii. A person does not have to understand the full meaning of contract. If minor disaffirms contract, cosigner is still bound: when the debt to the creditor is paid, obligation of cosigner is discharged. c. If minor disaffirms, cosigner is liable for the unreturned goods" purchase price: mentally incompetent persons. Person of mental disorder may be so disabled as to lack capacity to make a contract. If the incompetent person makes a contract after assignment of guardian, the contract is void and not merely voidable. Impairment cause by the use of drugs the same as the impairment by the excessive use of alcohol. Inc. v. sarif: for an individual to recover damages for fraud, proof of hard to that individual is required. i.
