B. Inability to Consent Flashcards
1
Q
Who is an Infant?*
A
Under age of 18
2
Q
What happens if contract is entered into by Infant?*
A
Voidable (NOT void)
- Binding on Infant + Other Party
- Until Infant disaffirms contract
3
Q
When may Infant disaffirm contract under common law?*
A
Before/After (within reasonable time) reaching age of 18
- UNLESS Infant reaffirms contract => Party is bound by contract
4
Q
When may Infant NOT disaffirm contract under statutory law?*
A
NOT Advertising purposes
- Infant/Infant’s guardian consent to use of name/image
NOT Real estate mortgage contracts
NOT Hospital/Medical/Surgical treatment contracts
NOT College loan
NOT Acting/Dancing/Athletes
- Court’s consent to entertainment/sports career