CHAPTER 14

CHAPTER 14 - if a tort and a contract are so intertwined...

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CHAPTER SUMMARY Minors Definition persons who are under the age of majority (usually 18 years) Liability on Contracts a minor’s contracts are voidable at the minor’s option Disaffirmance avoidance of the contract; may be done during minority and for a reasonable time after reaching majority Ratification affirmation of the entire contract; may be done upon reaching majority Liability for Necessaries a minor is liable for the reasonable value of necessary items (those that reasonably supply a person’s needs) Liability for Misrepresentation of Age prevailing view is that a minor may disaffirm the contract Liability for Tort Connected with Contract
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Unformatted text preview: if a tort and a contract are so intertwined that to enforce the tort the court must enforce the contract, the minor is not liable in tort Incompetent and Intoxicated Persons Person under Guardianship contracts made by a person placed under guardianship by court order are void Mann CH 01- 1 Mental Illness or Defect a contract entered into by a mentally incompetent person (one who is unable to understand the nature and consequences of his acts) is voidable Intoxicated Persons a contract entered into by an intoxicated person (one who cannot understand the nature and consequence of her actions) is voidable Mann CH 01- 2...
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This note was uploaded on 10/14/2010 for the course BUS 5503 taught by Professor Sorrell during the Fall '10 term at Troy.

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CHAPTER 14 - if a tort and a contract are so intertwined...

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