BSLW1021 Chapter Notes - Chapter 14: Mental Disorder
Document Summary
Minors medication, drugs, alcohol, illness, or age a person may not understand that a contract is being made. Minors: under 18, contract made with a minor is voidable at the election of the minor, minor may affirm the contract by. Allowing a reasonable time lapse without avoiding the contract: may disaffirm a contract by any expression to repudiate it, misrepresenting the age does not affect the minors power to disaffirm the, restitution contract. When minor has what it received from the contract he must return it (must return status quo ante) Necessaries: limited to those absolutely necessary for the sustenance and shelter of a minor: ratification. Any words or conduct of the former minor manifesting an intent to be bound by the terms of a contract while made with a minor. Ratify during a rational time: cannot avoid contracts for: Relating to bank accounts etc: parent is not liable for a contract made by a minor.
