A contract that is entered into by a person of unsound mind is void. It is completely unenforceable rather than just being voidable; which means cancellable on the option of a party.
Nothing prevents senior citizen from signing any contract independently under the contract act. Only a person of unsound mind or a minor cannot enter into a contract independently. But there is no such restriction for senior citizens
A nentally imbalanced person, is a person of unsound mind, who talks and does things strangely , and can be wild at times also.
In order for a person to enter into a legal, binding contract, they must be of legal age, be of sound mind, and not be under the influence of any substance (drugs, alcohol, etc.), and must not have been coerced, or under undue pressure to do so.
Discuss the issue with the person you hired. Probably you will have to forfit the deposit. It just depends on the situation and how far into the job the individual is.
Discuss the issue with the person you hired. Probably you will have to forfit the deposit. It just depends on the situation and how far into the job the individual is.
it means to discuss the personalities of the person
One person cannot change a contract until all people who are in on the contract agree to it.
A contract of guaranty is a collateral undertaking, and presupposes an original contract; while a contract of indemnity is original and independent. In a contract of indemnity, the undertaking is to make good and save harmless the person, with whom the contract is made, upon an obligation of such person to a third person; while, in a contract of guaranty, the obligation is to answer for the debt, default, or miscarriage of another to the person with whom the contract is made.
Normally if there has been an overpayment relating to a loan or contract, the entire amount overpaid should be returned to the person. The lender has no rite to any money above that contracted.
an agreed contract is when one person writes up a contract and ask the other person to agree to the contract and they will gain whatever the contract offers e.g Mobile phone contract you will gain a certain number of minutes or unlimited text. if the person who signs the contract breaks the deal they will lose whatever was on offer.
A legal entity is considered a person for purposes of a contract. Corporations and companies are legally considered a person.
It is a term relating to a person - usually the person that is not yourself.