Chapter 10 - Capacity and legality: The final elements. After completing this chapter, students will be able to: Identify the age of minority and the age of majority, explain the legal status of a contract made by a minor, differentiate between ratification and disaffirmance, identify the effects of mental impairment on a contract,. | Business Law with UCC Applications,13e Capacity and Legality: The Final Elements Chapter 10 McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. Learning Objectives Identify the age of minority and the age of majority. Explain the legal status of a contract made by a minor. Differentiate between ratification and disaffirmance. Identify the effects of mental impairment on a contract. Discuss the contractual capacity of a drugged or intoxicated person. Learning Objectives Explain the legality of agreements to commit torts and crimes. Identify those agreements made illegal under statutory law. Enumerate those agreements contrary to public policy. Explain what happens under the doctrine of in pari delicto. Explain the effects of illegality. Capacity and Legality: The Final Elements The Final Elements The Nature of Capacity and Minority Contractual Capacity of Minors Ratification and Disaffirmance Capacity and Legality: The Final Elements The . | Business Law with UCC Applications,13e Capacity and Legality: The Final Elements Chapter 10 McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. Learning Objectives Identify the age of minority and the age of majority. Explain the legal status of a contract made by a minor. Differentiate between ratification and disaffirmance. Identify the effects of mental impairment on a contract. Discuss the contractual capacity of a drugged or intoxicated person. Learning Objectives Explain the legality of agreements to commit torts and crimes. Identify those agreements made illegal under statutory law. Enumerate those agreements contrary to public policy. Explain what happens under the doctrine of in pari delicto. Explain the effects of illegality. Capacity and Legality: The Final Elements The Final Elements The Nature of Capacity and Minority Contractual Capacity of Minors Ratification and Disaffirmance Capacity and Legality: The Final Elements The Nature of Capacity and Minority Definition of Minority Emancipation and Abandonment Misrepresentation of Age Capacity and Legality: The Final Elements Contractual Capacity of Minors Contracts for Necessaries Other Contracts not Voidable Shield or Sword Doctrine Voidable Contracts and Innocent Third Parties Ratification and Disaffirmance Capacity and Legality: The Final Elements Other Capacity Problems Persons Mentally Impairment Persons Drugged or Intoxicated Capacity and Legality: The Final Elements Agreements to Engage in Illegal Activities Agreements To Commit Torts and Crimes Agreements Illegal under Statutory Law Agreements Contrary to Public Policy Capacity and Legality: The Final Elements Agreements Illegal under Statutory Law Usurious Agreements Wagering Agreements Unlicensed Agreements Unconscionable Agreements Sunday Agreements Capacity and Legality: The Final Elements Agreements Contrary to Public Policy Agreements to Obstruct Justice Agreements Interfering with Public Service .
