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Discuss (with relevant examples) how the Legal capacity in terms of a minor and mental incapacity can impact the interpretation of a contract Concisely explain

Discuss (with relevant examples) how the Legal capacity in terms of a minor and mental incapacity can impact the interpretation of a contract

Concisely explain the following terms in law relative to a business contract

  1. The Force Majeure clauses
  2. Balance of probability
  3. Privity of contract
  4. Parole evidence rule
  5. Termination by Frustration

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