2.4. Capacity

Try these first

1. 1.

   What is 'capacity' in the context of contracts?

   Hint

   Think about who can legally sign contracts.

2. 2.

   Name one condition that can disqualify a person from entering a contract.

   Hint

   Consider age limits.

3. 3.

   What is the primary requirement for capacity in contract law?

   • Legal Age
   • Self-interest
   • Profitability

   Hint

   Consider the age when individuals gain legal responsibilities.

4. 4.

   True or False: Contracts signed by minors are automatically valid.

   • True
   • False

   Hint

   Reflect upon the conditions necessary for a valid contract.

5. 5.

   Consider a person who has just turned 18 but is under the influence of medication. Can they enter a binding contract? Discuss the implications.

   Hint

   Think about the capacity requirements.

6. 6.

   A parent signs a contract on behalf of their 17-year old child for a car. Under what circumstances might this contract be enforceable or unenforceable?

   Hint

   Reflect on the nature of contracts involving minors.