TAILIEUCHUNG - Lecture Business law: The ethical, global, and e-commerce environment (13/e): Chapter 14 - Mallor, Barnes, Bowers, Langvardt

Chapter 14 provides knowledge of capacity to contract. This chapter include objectives: Explain concept of capacity, list the classes of persons without capacity and the effect on a contract, describe the rights to disaffirm or ratify and duties of disaffirmance. | Contracts Introduction to Contracts The Agreement: Offer The Agreement: Acceptance Consideration Reality of Consent 3 McGraw-Hill/Irwin Business Law, 13/e © 2007 The McGraw-Hill Companies, Inc. All rights reserved. Contracts Capacity to Contract Illegality Writing Rights of Third Parties Performance & Remedies 3 McGraw-Hill/Irwin Business Law, 13/e © 2007 The McGraw-Hill Companies, Inc. All rights reserved. Capacity to Contract P A E T R H C 14 “No brilliance is needed in the law. Nothing but common sense, and relatively clean fingernails.” John Mortimer Learning Objectives The meaning of capacity The classes of persons without capacity The rights to disaffirm or ratify The duties of disaffirmance 14 - Person must have ability to give consent before being legally bound to agreement, thus capacity is the ability to incur legal obligations and acquire legal rights A person who contracts without necessary capacity may avoid the contract at his/her option Definition 14 - Status .

• Quản trị kinh doanh
• Capacity to contract
• Duties upon disaffirmance
• Business law
• Business ethics
• E commerce environment
• Regulation of business
• Vitiating Elements
• Contract Voidable
• Illegality
• Capacity
• Privity of Contract
• Restitution
• Fundamentals of business law
• Lecture Fundamentals of business law
• Contract law
• Consumer law
• Capacity of parties
• UCC applications
• Judicial system
• Final elements
• Contractual capacity
• Federal regulation of firms
• State regulation of firms
• Business and society
• Business Government and Regulation
• The Roles of Government and Business
• Interaction of Business
• The Influences of Government
• Dynamic business law
• Lecture Dynamic business law
• Legal environment of business
• Securities regulation
• Exchange commission
• Disclosure laws
• Environmental regulation
• Agency enforcement
• Nature of corporations
• Sole proprietorship
• Forms of business
• Bankruptcy plan
• Bankruptcy code
• Negotiable instruments
• Pay money
• Due course
• Effects of indorsement
• Liability of parties
• Warranty liability
• Check collection
• Electronic funds transfers
• Agency relationship
• Agency authority
• Contract liability of agent
• Implied warranty of authority
• General duties
• Management powers
• Partners joining partnership
• Nonwrongful dissociations
• Limited liability companies
• Limited partnerships
• Preincorporation contracts
• Financing corporations
• Management of corporations
• Corporate powers
• Shareholders’ rights
• Shareholders’ liabilities
• Professional responsibilities of auditors
• Securities professionals
• Administrative law
• Investigative power