When both parties to a contract are minors, neither of them may disaf¬firm the contract.

A minor’s right to disaffirm a contract terminates sixty days after the contract’s date.

Contractual capacity includes the financial ability to pay for the benefits of a contract.

The age of majority in most states is eighteen years.

All contracts between adults and minors are void.

A minor may disaffirm a contract only if the subject matter is illegal.

A contract is void if one of the parties was intoxicated at the time of its formation.

A contract to do something that is prohibited by statutory law is void.

A contract to commit a crime is a contract and therefore enforceable.

In an employment contract, a covenant not to compete can be enforceable.

The lack of an opportunity to read a contract may be unconscionable.

If an illegal contract is executory, either party can enforce it.

Portions of a divisible contract may be enforced.

Teachers: Create FREE classroom games with your questions Click for more info!
©2007-2025 Review Game Zone | About | Privacy | Contact | Terms | Site Map