Question: Please no Plag-iarism Question In a valid binding contract, all parties must be competent to enter a contract. This principle regarding the capacity of the

Please no Plag-iarism

Question

In a valid binding contract, all parties must be competent to enter a contract. This principle regarding the capacity of the parties to contract applies also in the electronic contracts. Thus, a contract with a minor is void unless the contract falls under any of the exceptions stated in the Age of Majority Act 1971. Explain the circumstances in which minors may enter contracts?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Question (700 words) John Densmore, a law student and part-time musician, was seriously injured in a car accident. The other car's driver, Ray Manzarek, a renowned life motivation coach and a...

Cengage 10 th Edition THE LEGAL ENVIRONMENT TODAY BUILDING SKILLS YOU WILL NEED TOMORROW Roger Leroy Miller Chapter 1 Unit 1. The Foundations 1. Law and Legal Reasoning Feverpitched/iStock/Getty...

Question: What as the average weekly safety inventory level of refined sugar from the beginning January 2022 to the end of July 2022? A. 512,465.9691 metric tons per week B. 316,002.1474 metric tons...

SECTION B Long Answer Questions [Total = 40 marks] Section B consists of four questions. Answer ALL questions . In a valid binding contract, all parties must be competent to enter a contract. This...

2. In a valid binding contract, all parties must be competent to enter a contract. This principle regarding the capacity of the parties to contract applies also in the electronic contracts. Thus, a...

SECTION B Long Answer Questions [Total = 40 marks] Section B consists of four questions. Answer ALL questions . 1. The general rule in Sale of Goods is that no one can give a better title than he has...

business law questions 1. A contract a. can never be implied from the actions of the parties b. must contain consideration c.cannot be terminated d. none of these 2. A contract should include a. the...

1. A contract a. can never be implied from the actions of the parties b. must contain consideration c.cannot be terminated d. none of these 2. A contract should include a. the names of the parties b....

LST2BSL Introduction to Business Law and Ethics Common Law Assignment INSTRUCTIONS 1. This assignment is worth 20% of your final mark for this subject. 2. All questions must be answered. 3. With...

Chapter 10 from Business Law and the Legal Environment was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license without attribution as requested...

Identify the functional groups in each of the following compounds: CH2CH2CH2CH2CH2CH3 Cl OH CH2CH2CH CH H2C CH3CH2CH2CH2 CH2CH2CH2CH3

Let R? have the inner product of Euclidian Space and let x = (1,1) and y = (5,-1) (a) Find ||x||, |ly|| and |(x, y)2 (b) Describe all vectors (z1, z2) that are orthogonal to y. (c) Also show Cauchy...

The first patient account statement should be a . presented at the time of service.b . mailed 2 weeks after the date of service.c . mailed right after the date of service.d . mailed 3 0 days after...

The down-feed, hydro-pneumatic, and pumped up-feed water distribution system arrangements are typically used only for mid- to high-rise buildings. Why are these systems not more commonly used with...

c). Assuming that Thomas Co. had a balance in Merchandise Inventory on December 1 of $6,000, determine the balance in the Merchandise Inventory account at the end of December for Thomas Co. (Post...

Donuts & Coffee opened its doors in 2018 on the corner of Geary and Masonic St. in San Francisco, CA. Originally, the owners Lindsey Kline and Carly Repko had planned on catering to the small...

Bombardiers 2016 annual report, the company reported that it made a provision for onerous contracts, specifically Onerous contracts provision - C Series aircraft program. What was it? Read the annual...

2. Azali Ltd is a large fashion retailer that has operations in many countries. The company wants to raise more funds for its operations. For this purpose the directors have decided to make a...

Design a minimum-mass symmetric three-bar truss (the area of member 1 and that of member 3 are the same) to support a load P, as was shown in Fig. 2.9. The following notation may be used: Pu = P cos...

How can mental processes, which are not directly observable, be scientically studied?

=+2. What are rods and cones, and what are their functions in the eye?

=+ How would enhancing the diversity of medical professionals improve pain treatment for Black people?