Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

As I have learned, minors generally lack capacity to make a contract.In other words, people under the age of 18 cannot be bound by a

As I have learned, minors generally lackcapacityto make a contract.In other words, people under the age of 18 cannot be bound by a contract.They have the legal right todisaffirma contract after it is completed, and require the other party to the contract to give back what was exchanged (theconsideration).

The exception to this legal rule is that minors do have the legal capacity to make contracts for what are called necessaries (food, shelter, clothing, etc.).

Questions: Why do you think that this exception exists?Do you think that the general rule that allows minors to disaffirm is a fairlaw?Should a party that makes a contract with a minor who lied about his or her agebe able to force the minor to stay in the contract?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Law Of Tort

Authors: John Cooke

14th Edition

1292251360, 978-1292251363

More Books

Students also viewed these Law questions

Question

3. It is the commitment you show that is the deciding factor.

Answered: 1 week ago