Escolar Documentos
Profissional Documentos
Cultura Documentos
is of the age of majority according to the law to which he is subject, and who is of sound mind, and is not disqualified from contracting by any law to which he is subject.
No Solvency for a minor A minor can be admitted to the Benefits of a Partnership A minor cannot be a member of a registered Company A minor can act as an Agent Contract by parent or guardian for the benefits of a minor Liability of a person standing as a surety for a minor Liability of a person making a promisee with a minor in favor of another person A minors right to hold Property and interests therein.
Agreements with Alien Enemies Agreements with Foreign Sovereigns Contracts by Corporations Contracts by Insolvents Contracts by Convicts
Define Alien??
Agreements with Alien Enemies Agreements with Foreign Sovereigns Contracts by Corporations Contracts by Insolvents Contracts by Convicts
Foreign Sovereign (staff & representatives) enjoy certain privileges Cannot be sued Allowed to make contracts & enforce those contract in our law court Prior permission
Agreements with Alien Enemies Agreements with Foreign Sovereigns Contracts by Corporations Contracts by Insolvents Contracts by Convicts
Corporation an artificial person, created by law, having legal existence apart from its members and capable of suing & of being sued Enter Contracts through its agent, under its seal Corporation formed under a Special Act of Legislature, its contractual powers are limited by the Statute governing it.
Agreements with Alien Enemies Agreements with Foreign Sovereigns Contracts by Corporations Contracts by Insolvents Contracts by Convicts
Who is Insolvent?? Does not have the power to deal with the property Receiver or Official assignee is competent to sue or be sued on behalf of insolvent disqualification removed when court issues an order of discharge.
Agreements with Alien Enemies Agreements with Foreign Sovereigns Contracts by Corporations Contracts by Insolvents Contracts by Convicts
When a convict undergoes imprisonment he is incompetent to enter into a valid contract Ticket of leave incapacity to contract is gone with expiration of the period of sentence
CASE STUDY
Mohori Bibee V. Dharmodas Ghose in 1903
Dharmodas Ghose himself order to cancel of the mortgage Agreement made by a minor is void ab Initio