Study Flashcards
1
Q
A
2
Q
What is it called when a non-voidable contract is made with a minor.. explain
A
A non-voidable contract made with a minor is a contract for necessaries, this means the contract is valid as it is based on goods or services a minor should need such as food clothing and education.
3
Q
What is the purpose of a cooling off period
A
To allow time to reconsider their decision after entering a contract. Giving the opportunity to cancel the contract without penalty.
4
Q
What are the benefits of a conflict resolution
A
Benefits of a conflict resolution include preserving relationships, reducing stress and hostility, and achieving mutually satisfactory outcomes.
5
Q
What defences can be used for s breach of contract
A
Impossibility of performance
Duress
Fraud
Mistake
