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Darin Business Law

QuestionAnswer
are under the age 18 in most states minors
is the abilty to understand that a contract is being made contractual capacity
things needed to maintain life necessaries
things that for them are relative luxries noon-necessaries
involves giving back the consideration by both parties disaffirmance
is acing toward the contract as though one intends to be bound by it. ratification
under the age of majority minority
the severin of the child parent relationship. emancipation
is much less precisely defined than minority mental incapacity
comes from alcohol or drug mental impairment caused by voluntary use of alcohol drug use or inhalents.
scope of authority the range of acts that an orgainization authorizes a person to do.
Created by: hpeine