ENFORCEABLE, VOID, & VOIDABLE AGREEMENTS 11. What is mental capacity to contract? Minors • Intoxicated Person • Mentally Incompetent Person • http://thebusinessprofessor.com/mental-capacity-to-contract/ Resource • 12. What is the requirement that a contract have a lawful purpose? Crimes and Torts • - the conscience”. Unconscionable Contracts • “shock Contracts that Restrain Trade • http://thebusinessprofessor.com/lawful-purpose-for-contracts/ Resource Video: • 13. What common situations give rise to a voidable contract? Fraud • Misrepresentation • Duress • • Undue Influence Mutual Mistake •
ENFORCEABLE, VOID, & VOIDABLE AGREEMENTS 11. What is mental capacity to contract? • Minors • Intoxicated Person • Mentally Incompetent Person • Resource http://thebusinessprofessor.com/mental-capacity-to-contract/ 12. What is the requirement that a contract have a lawful purpose? • Crimes and Torts • Unconscionable Contracts - “shock the conscience”. • Contracts that Restrain Trade • Resource Video: http://thebusinessprofessor.com/lawful-purpose-for-contracts/ 13. What common situations give rise to a voidable contract? • Fraud • Misrepresentation • Duress • Undue Influence • Mutual Mistake
SO-10.docx