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Unformatted text preview: If minor misrepresents her age and shows id that shes 35, can still avoid the contract, but needs to also make adult whole and return adult to status quo; Necessaries or necessities Anything required to live; food, clothing, shelter, etc. Still voidable by the election of the minor General rule: if its a necessity, are required to pay a fair value(under quasi contractual theory) if you cant restore it to original condition Insane people Un-adjudicated (the walking insane) If you enter into a contract, the agreement is voidable by election of the insane person by the time theyre no longer insane or a reasonable time thereafter Liable to make sure the other side is restored to their status quo Can ratify after no longer insane (similar to minors rule)...
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This note was uploaded on 12/10/2011 for the course BLS 342 taught by Professor Miller during the Fall '08 term at Miami University.
- Fall '08