Requirements of a contract include capacity of the parties to ...

[debasdf]

Requirements of a contract include capacity of the parties to contract, legality, and intention of the parties to be legally bound. Which of the following is true with regard to these elements?
◦ A seller that contracts with an infant can avoid the difficulties of enforcing the contract by suing him in tort instead of breach of contract.
◦ A person with mental incapacity may still be held to a contract even if, at the time of the contract, he didn't understand the nature and quality of his or her act.
◦ The court can presume the intention of the parties to be legally bound, in which case, a party to the contract cannot bring forward contrary evidence to rebut the presumption.
◦ If an adult cannot sue the other party to the contract because the other party is a minor, neither can the infant sue the adult.
◦ A restrictive covenant prohibiting one party to the contract from competing with the other is not enforceable.

[Danny Ewald]

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[debasdf]

TYSM

[CAPTAINAMERICA]

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