Capacity Flashcards
1
Q
modern/majority
A
irrespective of whether the party can think rationally or understand, can he control his conduct?
2
Q
Traditionally
A
could party understand nature of transaction & able to make a rational decision?
3
Q
Infancy gen. rule
A
infant does not have the capacity to bind himself to a K
4
Q
exception to infancy
A
was he entering into the K for necessity?:
- not necessity if minor was already supplied w.sufficient articles of this kind, or if he/she had parent who was able & willing to supply
- policy considerations