9-1 Nearpod - XEKBH
CONTRACTUAL CAPACITY OF INDIVIDUALS AND ORGANIZATIONS
I. What Is Capacity?
A. Protections for Those Who Lack Capacity
B. Minors
C. Those Mentally Incapacitated
D. The Intoxicated
II. Who Has Contractual Capacity in Organizations?
9-2 Nearpod - GMVAF
LIMITS ON THE RIGHTS OF THOSE WITHOUT CAPACITY
I. When Can Disaffirmance Occur and What Must Be Done at That Time?
A. What Must Be Done Upon Disaffirmance?
1. Loss of Value
2. Obligations of Party with Capacity
II. Contracts That Cannot Be Disaffirmed
A. Court-Approved Contracts
B. Major Commitments
C. Banking Contracts
D. Insurance Contracts
E. Work-Related Contracts
G. Sale of Realty
H. Apartment Rental
III. Contractual Effect of Misrepresenting Age