Capacity - element of contract, Business Law and Ethics

Capacity - Element of Contract

Capacity to Contract

However 'capacity' may be described like the legally documented right of a person to enter with a legally binding agreement. Since the law of contract limits in varying that degrees the contractual capacity of the subsequent persons as;

a) Infants or minors, and one is

b) Drunken persons and persons about unsound mind,

c) Corporations.

d) Undischarged bankrupts.

 

Posted Date: 1/22/2013 2:02:08 AM | Location : United States







Related Discussions:- Capacity - element of contract, Assignment Help, Ask Question on Capacity - element of contract, Get Answer, Expert's Help, Capacity - element of contract Discussions

Write discussion on Capacity - element of contract
Your posts are moderated
Related Questions
Read the newspaper report from  The International Herald Tribune, starting on page  2 of this assignment, and answer the following questions:  1. What is the general notion behi

1. Please list and explain the non renewal- time lines for teachers. 2. Are there any changes to this under new legislation relative to House Bill 153 and or House Bill 555? An

please explain these topic to me in detail as soon as possible so that i can make my assignment accordingly

EXPLAIN THE KNGSTON COTTON MILL CASE

Loans Given for Necessaries - Void Contracts       It may happen that an infant asks someone to a loan for buy necessaries like school uniforms or textbooks.  Therefore the per

District Magistrate's Court -Civil Appeals Moreover in S.11 (1) of the Magistrate's Court Act gives that 'any person who is aggrieved through an order of a magistrate's court

What is the difference between an express term and an implied term? Provide me with an example of each.

Determine the focal point for coordination The focal point for coordination is point C, which is the unique symmetrical Pareto efficient outcome. Compared to this outcome the N

QUESTION Chain of custody in evidence collection is a very important document when it comes to presenting a computer forensic case in the court of law i. Explain the term c

difference b/w offer and ITT AND PAKISTANI CASES OF AUCTION ,ADVERTISMENT,TENDERS AND DISPLAY OF GOODS?