Chapter 6: Age Flashcards
.STATUS
Legal subjects standing in the legal word/ sum total of the capabilities of a legal subject in terms of the objective law, which allows the legal subject to participate in legal intercourse.
INFANS
A child below the age of seven years
MINOR
A person above the age of 7
MAJOR
Person that reaches the age of 18
JURISTIC ACT
An act to which the law attaches the same consequences as those which were intended by the acting parties.
WHAT IS THE BASIS FOR THE COMING INTO EXISTENCE OF A CONTRACT
Age
VOID CONTRACT
A void contract is one which in the eyes of the law never came into existence.
POSITIVE INTERESSE
The total interest which a contractual party has in the other party fulfilling his or her contractual obligations
STATUS QUO ANTE
The previously existing state of affairs.
NEGATIVE INTERESSE
Parties can claim that they be placed in the same position as they were before the conclusion of the contract
VOIDABLE CONTRACT
A contract which legally comes into existence, but a party can choose whether they want the contract to be void.
**Through misrepresentation
LEGAL CAPACITY OF INFANS
Has limited legal capacity. Has legal capacity to hold office of ownership
CAPACITY TO ACT OF THE INFANS
Infans have no personal capacity to act-therefore cannot conclude any legal act. Only way they can participate in legal intercourse is if his/her parent or guardian performs the juristic act (concluded contract) on the infans behalf. Infans is the contracting party and not his guardian or parents.
CONSEQUENCES OF A VALID CONTRACT CONCLUDED BY THE INFANS
For breach of contract The infans or other party can:
- claim for specific performance.
- claim cancellation of contract and also claim return of any performance
- claim for damages, positive interesse (same position that he/she would have been in had the contract been compiled with.
CONSEQUENCES OF A VALID CONTRACT CONCLUDED BY THE INFANS: PARENTS OR GUARDIANS ARE RESPONSIBLE FOR?
- Debts incurred for maintenance
- Didn’t bring it to the attention of the other party that they are acting on behalf
- Stood surety for infans debts