BLAW Chapter 9 Capacity
Order by
11 terms
Terms | Definitions |
|---|---|
necessaries | Items that are required to maintain life |
disaffirmance | Refusal to be bound by a previous legal commitment |
minority | The age of 18 or younger |
minors | A name for people under the age of 18 |
emancipation | The severing of the child-parent relationship |
age of majority | The age of 18 in most states |
mental incapacity | Condition in which a party to a contract is unable to understand the consequences of the contractual act |
scope of authority | The range of acts that an organization authorizes a person to do |
contractual capacity | The ability to understand that a contract is being made and its general meaning |
intoxication | A state of mental impairment that results from using drugs, alcohol, or inhalants |
ratification | An action with the intent to be bound by a contract (example: making a payment after reaching the age of majority) |
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