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Capacity Discussion (1)

Capacity Discussion

Q In preparation for this discussion board, please review the material in Chapter 14 of the textbook regarding minors and their capacity to contract. Then please answer the following questions: 1. Generally, in most states, a minor who is emancipated still does not have the capacity to contract. Do you agree with this rule? Why or why not? 2. Suppose a minor wants to cancel a contract after the minor has paid money to the adult for the purchase of a truck. Can the minor return the truck, even if it sustained damage after the purchase, and receive the full purchase price? Under the traditional rule, if a minor cannot return the consideration fully, such as in the case where the property is damaged, the minor is not responsible for compensating the adult for the depreciation of the property. Please refer to the Dodson case referenced in the Ethics in Action discussion on page 448 of your textbook. Do you agree with the traditional rule? Why or why not? Please explain.

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Minors can disaffirm contracts for non-necessaries. Minors can likewise disaffirm a contract for a sensible period of time after they achieve dominant part. After the period of lion's share, the ability to disaffirm is instantly cut off if the individual sanctions the agreement himself or herself. Minors have restricted capacity to go into an agreement assention. A minor in an agreement law case is anybody younger than eighteen. There are a few conditions under which a man beneath the age of eighteen may have the full legitimate ability to go into an agreement (Langvardt, Barnes, Prenkart and Perry, n.d..