LAW 122 Chapter Notes - Chapter 10: Consumer Protection, The Seller, Unconscionability
21 Apr 2015
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A person cannot enter into a contract unless they have the legal power to give consent. To protect specific groups of ppl, the law has drawn a distinction b/t those who have the capacity to contract and those who do not: capacity: is the legal power to give consent. Sometimes the question of capacity depends on a person"s ability to understand the nature & consequences of their actions. We will consider 7 groups of persons who may have no capacity or only limited capacity to create a contract. The law simply says that everyone under the age of majority lacks capacity. In some jurisdictions (i. e. alberta, saskatchewan, ontario) the age of majority is 18 years. In other provinces (newfoundland, new brunswick, b. c. ) the age of majority is 19. The law"s approach shields minors from exploitation and the consequences of their own inexperience: voidable: a contract is voidable if a minor is entitled to avoid the legal obligations that are created.
