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8 Cards in this Set
- Front
- Back
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Minors
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Under the age of 18 - contract is voidable
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For minors:
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1. restitution is still required
2. exception if minor misrepresented age |
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Capacity is...
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1. the legal ability to enter into a contract
2. 18+ age 3. mental capacity |
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Guardian:
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parents or court appointed
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conservator:
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court appointed person to help sign contracts
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For mentally impaired, they need:
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Guardian/conservator
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intoxication:
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-so intoxicated/incompetent that you have no recollection of signing contract.
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Fraud and Misrepresentation:
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1. misrepresentation (of material fact)
2. relied upon the innocent party 3. damage |
