Capacity to contract
Download
1 / 4

Capacity to contract - PowerPoint PPT Presentation


  • 120 Views
  • Uploaded on

Capacity to contract. Person not competent to make contract Minor Person of unsound mind Person disqualified by law. Rules regarding minor’s agreement. Nature of minor agreement--- Mohori Bibee’s Vs Dharmodaas case No Ratification- (new bond execution for old transaction and bond)

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about ' Capacity to contract' - hina


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
Capacity to contract

Capacity to contract

Person not competent to make contract

Minor

Person of unsound mind

Person disqualified by law


Rules regarding minor s agreement
Rules regarding minor’s agreement

  • Nature of minor agreement---MohoriBibee’s Vs Dharmodaas case

  • No Ratification- (new bond execution for old transaction and bond)

  • No Estoppel against minor

  • Minor can be promisee- (e.g Insurance case)

  • Liability for torts

  • No insolvency

  • Partnership

  • Minor can be an agent

  • Joint contract by minor &adult

  • Surety for minor


Persons of unsound mind unsoundness may arise from
Persons of unsound mindUnsoundness may arise from:

Idiocy- person with no interval of insaneness

Lunacy- disease of brain due to mental stress. He may have intervels of insanity

Drunkenness

Hypnotism- artificial induced sleep

Mental Decay-On account of old age


Persons disqualified by law
Persons Disqualified by Law

  • Alien enemies

  • Foreign Sovereigns

  • Insolvent

  • Convict

  • Corporation


ad