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Ch 7: Capacity in Contract Law

About This Chapter

Watch capacity in contract law video lessons and learn about legal capacity, the infancy doctrine, mental incapacity, and more. These lessons are just a portion of our online study guide and video collection.

Contracts: Capacity - Chapter Summary and Learning Objectives

In contractual law, not everyone is legally able to enter into a contract, and some people can have the terms of a contract dismissed based on their age or mental state. In this chapter, our instructors will explain what legal capacity to enter into a contract means. The lessons will discuss different types of capacity, including whether or not minors can be legally bound to contracts via the infancy doctrine. Some other groups may dispute their ability to enter into a contract based on mental state, and we'll elucidate the way this is handled by courts. After completing this chapter, you should be able to:

  • Define legal capacity and what is required to enter into a contract
  • Explain why minors cannot be held to the terms of a contract
  • Discuss various cases in which persons may be released from a contract
  • Understand joint obligations in contract law

VideoObjective
Legal Capacity to Enter a Contract: Definition and ExamplesLearn what it means to have legal capacity to enter into a contract.
About Contracts with MinorsUnderstand when minors can be held to the terms of a contract.
Mental Incapacity and Contracts: Definition and ExamplesExplore what mental incapacity means in terms of contractual law.
Incapacity and Contracts: Joint Obligation and Contracts with Intoxicated PersonsLearn about joint obligation contracts and the law's stance on intoxication in regard to contracts.

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