Capacity to contract

Post on 15-Apr-2017

104 views 0 download

Transcript of Capacity to contract

Capacity to Contract

MINOR PERSON OF UNSOUND MIND

AGREEMENT BY A DISQUALIFIED PERSON

1. MinorVoid Agreement

No Ratification

No estoppels against minor

No insolvency

Minor as a shareholder

Minor as an agent

2. PERSON OF UNSOUND MIND

3.AGREEMENT BY A DISQUALIFIED PERSON

Convicts

Alien enemy

Insolvency