LAW 122 Chapter Notes - Chapter 10: Ultra Vires, Indian Act, Risk Management
1 Aug 2020
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A person can"t enter into a contract unless they have the legal power to give consent. To protect specific groups of people, law has drawn distinction between those who have capacity and those who don"t: capacity legal power to give consent. Seven groups of persons who have little or no capacity: minors, mentally incapacitated people. Indian bands and aboriginal persons: public authorities. Law distinguishes between minors and those who have reached age of majority: age of majority age at which a person is held fully accountable in law, minors people who have not reached age of majority. Age of majority differs from provinces: 18 or 19. Some contracts are voidable at minor"s option: voidable if minor is entitled to avoid the legal obligations that the contract would have otherwise created. If contract is voidable, minors may elect to avoid contractual liability. If so, relieved of all future liabilities under contract. If minor elects to carry out contract, obligations become binding.
