About This Chapter
How it works:
- Begin your assignment or other introductory business law work.
- Identify the capacity in contract law concepts that you're stuck on.
- Find fun videos on the topics you need to understand.
- Press play, watch and learn!
- Complete the quizzes to test your understanding.
- As needed, submit a question to one of our instructors for personalized support.
Who's it for?
This chapter of our introductory business law tutoring solution will benefit any student who is trying to learn capacity in contract law and earn better grades. This resource can help students including those who:
- Struggle with understanding the legal capacity to enter into a contract, incapacity in contract law, minors' capacity in contract law or any other capacity in contract law topic
- Have limited time for studying
- Want a cost effective way to supplement their business learning
- Prefer learning business visually
- Find themselves failing or close to failing their capacity in contract law unit
- Cope with ADD or ADHD
- Want to get ahead in introductory business law
- Don't have access to their business teacher outside of class
Why it works:
- Engaging Tutors: We make learning capacity in contract law simple and fun.
- Cost Efficient: For less than 20% of the cost of a private tutor, you'll have unlimited access 24/7.
- Consistent High Quality: Unlike a live business law tutor, these video lessons are thoroughly reviewed.
- Convenient: Imagine a tutor as portable as your laptop, tablet or smartphone. Learn capacity in contract law on the go!
- Learn at Your Pace: You can pause and rewatch lessons as often as you'd like, until you master the material.
- Understand what it means to have legal capacity to enter into a contract
- Learn how minors could be bound by a contract
- Discover how to disaffirm a contract because of mental incapacity
- Study contracts with intoxicated persons
1. Legal Capacity to Enter a Contract: Definition & Examples
One of the elements of a contract is capacity. Capacity means that a person is legally able to enter into a contract. There are several things that make a person legally able to do so, including age and state of mind.
2. About Contracts with Minors
It seems counterintuitive that a minor can enter a contract and be liable for its conditions, but there are instances when a minor is permitted to enter into a contract and is bound by its terms.
3. Mental Incapacity & Contracts: Definition & Examples
In contract law, capacity refers to one's legal ability to enter into an agreement. A person who lacks mental capacity cannot legally enter into a contract, thus making a contract voidable in most cases.
4. Incapacity & Contracts: Contracts with Intoxicated Persons
Incapacity in contract law generally means a person who is not mentally sound, which can include being intoxicated. Persons who are intoxicated cannot legally enter into a contract and intoxication thereby makes the contract voidable.
Earning College Credit
Did you know… We have over 95 college courses that prepare you to earn credit by exam that is accepted by over 2,000 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.
To learn more, visit our Earning Credit Page
Transferring credit to the school of your choice
Not sure what college you want to attend yet? Study.com has thousands of articles about every imaginable degree, area of study and career path that can help you find the school that's right for you.
Other chapters within the Business Law: Tutoring Solution course
- History of American Law: Tutoring Solution
- Sources of Law: Tutoring Solution
- Constitutional Law: Tutoring Solution
- American Legal Systems: Tutoring Solution
- Legal Procedures: Tutoring Solution
- Contract Law Basics: Tutoring Solution
- Contract Law and Third Party Beneficiaries: Tutoring Solution
- Contracts: Assignment and Delegation: Tutoring Solution
- Contracts: Statute of Frauds: Tutoring Solution
- Contracts: Scopes and Meanings: Tutoring Solution
- Contracts: Breach of Contract: Tutoring Solution
- Contracts: Discharge of Contracts: Tutoring Solution
- The Legal Environment: Tutoring Solution
- Securities and Antitrust Law: Tutoring Solution
- Property Law: Tutoring Solution
- Employment and Labor Law: Tutoring Solution
- Creditors' Rights: Tutoring Solution
- Product Liability and Consumer Protection: Tutoring Solution
- International Business Law: Tutoring Solution
- Torts in Business Law: Tutoring Solution
- The Role of Agency in Business Law: Tutoring Solution
- Types of Business Organizations: Tutoring Solution
- Sales & the Law: Tutoring Solution