Question: Chored a Jucrative contract by a technology company to develop a mobinge for their business. The contract involves a signiffcant payment upen Jocosstul completion of
Chored a Jucrative contract by a technology company to develop a mobinge
for their business. The contract involves a signiffcant payment upen
Jocosstul completion of the project. Lindokuhle is eager to accept the offer and
belleves he is fully capable of fulfiung the requirements. However, the technology company is concerned about Lindokuhle's age and whether he possesses the legat capacily to enter into a valid contract.
uestion :
Explain the concept of contractual capacity and its significance in forminc valid contract. How does the agg of a party affect their contractual capacity?
being a yearold, enter into a valid contract? MAce Sure thet he hen
Explore altemative options for the technology company to engage Lindokuhle's services while ensuring compliance with contractual capacily requirements. What modiffeations or additional measures can be implemented to miligate the risks assoclated with a contract involving a minor?
Assume Lindokuhle is years old, what would this change mean for the contraci's contractual capacily?
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
