Capacity and Legality能力与合法性.pptVIP

Chapter 12Contracts — Capacity and Legality §1: Contractual Capacity Contractual Capacity. The legal ability to enter into a contractual relationship. Full competence. No competence. Limited competence. Legality. The agreement must not call for the performance of any act that is criminal, tortious, or otherwise opposed to public policy. Minors In most states, a person is no longer a minor for contractual purposes at the age 18. A minor can enter into any contract that an adult can. A contract entered into by a minor is voidable at the option of that minor. Minor’s Right to Disaffirm A contra