Capacity Flashcards

1
Q

modern/majority

A

irrespective of whether the party can think rationally or understand, can he control his conduct?

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2
Q

Traditionally

A

could party understand nature of transaction & able to make a rational decision?

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3
Q

Infancy gen. rule

A

infant does not have the capacity to bind himself to a K

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4
Q

exception to infancy

A

was he entering into the K for necessity?:

  • not necessity if minor was already supplied w.sufficient articles of this kind, or if he/she had parent who was able & willing to supply
  • policy considerations
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