Chapter 7:

1) Contract between an Adult and an Infant: An infant or minor = person under age of majority The adult is bound by their obligations in the contract between a minor and an infant and they are not able to get out of the contract. The test of infant capacity does not depend on the subjective belief of the adult. The age of majority is different in some jurisdictions, so the place where the infant resides is important. There are exceptions to infant capacity that may benefit the adult (e.g. whether the adult was acting in the best interest of the infant and the contract was beneficial or a necessary for the infant.) The test of infant capacity is objective; o Therefore the belief of the adult as to the age of the infant is irrelevant (this means that even if the adult thought the infant was actually not an infant at all but of majority age is irrelevant and the adult is bound by the contract.) 2) Age of majority is 18 or 19, depending on jurisdiction/ province 3) Jake a minor, lives with his parents on an acreage about 25 miles from the city. Both of his parents work long hours in the city often arriving home at 7 P.M.. The Nearest settlement is a small village with a gas station. Jake has a part-time job at the village gas station and goes there 3 times per week after attending school in the city: - a car may not be necessary for Jake, but if it were shown that the car was beneficial to Jake, it would be enforceable by the adult selling Jake the car. 4)

False: this is false because the motorcycle was neither beneficial nor necessary for Sidney. And even though, at the age of majority, Sidney does not have to pay for the loan, because the contract was made as an infant and this does not make it right to say it was voidable, and the Sidney still does not have to pay. 5) Parents are not responsible for minors contracts. 6) For a court to determine that a contract is voidable on the basis of insanity: - The person seeking to prove incapacity must prove that the other person in the contract knew or ought to have know that there was a problem with mental capacity 7) s 8) s 9) s 10) 11) 12) 13) 14) 15) 16) 17) 18) 19) 20) 21) 22) 23) 24) 25) 26) s s s s s s s s s s s s s s s s s

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