0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Certain persons cannot make contracts that will bind them?
Contracts entered by minors are revocable or voidable; the law calls minors infants. Contracts entered into by the mentally infirm are void.
Contract with a minor?
At your own risk. Contracts with minors are voidable unless it is for a necessary good or is to their benefit.
What is voidable contract?
A contract that can be voided. It is a valid contract unless the party with the ability to void it does so. Examples of those that can create voidable contracts are minors, mentally disabled persons, or an intoxicated person.
Can a contract signed by an under age person be annulled?
Yes. Courts do not enforce Contracts on Minors. If a minor enters into a contract then such contract is voidable.
What are the sample case of voidable contracts?
cases of voidable contract
Are contracts with illegal subject matter voidable in business?
Yes, all contracts with illegal subject matter are voidable. A judge cannot order enforcement of illegal activities, so the contract is not valid.
Are contracts with no date of service voidable?
no, they are subject to the 'reasonable person test'
Are minors responsible for the contracts the sign?
Usually, minors are not responsible contracts they may agree too, because they lack capacity to contract.
What are the type of contracts that a minor could not avoid?
Don't understand the question. (???) As a GENERAL rule minors cannot enter into a legally binding contract - because of the fact that they ARE minors in the eyes of the law. MINORS CAN ENTER INTO CERTAIN TYPES OF CONTRACTS. THE ONLY DIFFERENCE IS THAT IF THEY ENTER INTO A CONTRACT WITH AN ADULT ONLY THE MINOR CAN DIS-AFFIRM THE CONTRACT. IN SOME CASES IF THE MINOR DIS-AFFIRMS THE CONTRACT THE MUST ALSO PAY RESTITUTION
Minors cannot make valid contracts. critically assess the extent to which this statement is true?
Yes. Minors cannot make valid contracts. This is because, the basic common law rule is that contract do not bind minors.
Are contracts made by minors enforceable?
Notes on contracts and minors:Generally speaking a minor cannot enter into a legally binding contract.A contract with a minor is not enforceable (except when they are an emancipated minor). It can be voided. Someone who has not yet reached the age of majority cannot sign a legally binding contract. It is possible that they can 'affirm' or 'accept' the contract once they come of age, making it valid.Generally speaking no, not for the terms contained in the contract itself. However, if the minor deliberately perpetrated fraud in an attempt to gain services or products, (such as a credit card); he or she may be held liable for restitution and/or possibly face penalties both civil and criminal depending on the applicable laws of the state of jurisdiction. In cases involving credit card fraud there may have been federal violations as well.A minor can enter into a contract. However, most contracts cannot be enforced against minors. (They are voidable, at the request of the minor.) For that reason, most people are hesitant to enter into a contract with a minor. However, the minor can enter a contract, can choose not to void it, and can enforce it against the other party.In general, minors cannot enter into contracts. In most states, someone is a minor if he or she is under 18, though there may be variations. Therefore, if a minor signs a contract but later wants to get out of it, he or she can usually do so. For this reason, it is a good idea to have the minor's parents sign the agreement if you don't want it voided in the future. The most common justification for the rule is to protect minors from assuming obligations which they are not capable of understanding. It is obvious to see that this will lead to harsh results, so some general exceptions have been created.
Are tying contracts legal?
A tying contract may have a voidable term or provision but that would not necessarily void the other terms and conditions.
