The traditional rule is that,when the consideration given by the adult party under a minor's contract has been lost,damaged,destroyed,or has depreciated in value,the minor can disaffirm without compensating the adult for the loss in any way.
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Q1: When a person lacks capacity to contract
Q2: Minors have the capacity to enter into
Q3: Contract law provides those without the capacity
Q5: A contract made by a person who
Q6: Emancipation is a formal agreement in writing
Q7: Generally,the age of majority for contracting purposes
Q8: Ratification of a contract with a minor has
Q9: A minor has the right to recover
Q10: The terms infants and minors refer to
Q11: Ordinarily,an item is not considered to be
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