Bài giảng môn Quản trị kinh doanh - Chapter 10: Business law with ucc applications,13e

Business Law with UCC Applications,13eCapacity and Legality:The Final ElementsChapter 10McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved.Learning ObjectivesIdentify the age of minority and the age of majority.Explain the legal status of a contract made by a minor.Differentiate between ratification and disaffirmance.Identify the effects of mental impairment on a contract.Discuss the contractual capacity of a drugged or intoxicated person.Learning ObjectivesExplain the legality of agreements to commit torts and crimes.Identify those agreements made illegal under statutory law.Enumerate those agreements contrary to public policy.Explain what happens under the doctrine of in pari delicto.Explain the effects of illegality.Capacity and Legality:The Final ElementsThe Final ElementsThe Nature of Capacity and Minority Contractual Capacity of Minors Ratification and DisaffirmanceCapacity and Legality:The Final ElementsThe Nature of Capacity and MinorityDefinition of MinorityEmancipation and AbandonmentMisrepresentation of AgeCapacity and Legality:The Final ElementsContractual Capacity of MinorsContracts for NecessariesOther Contracts not VoidableShield or Sword DoctrineVoidable Contracts and Innocent Third PartiesRatification and DisaffirmanceCapacity and Legality:The Final ElementsOther Capacity ProblemsPersons Mentally Impairment Persons Drugged or IntoxicatedCapacity and Legality:The Final ElementsAgreements to Engage in Illegal ActivitiesAgreements To Commit Torts and CrimesAgreements Illegal under Statutory LawAgreements Contrary to Public PolicyCapacity and Legality:The Final ElementsAgreements Illegal under Statutory LawUsurious AgreementsWagering AgreementsUnlicensed AgreementsUnconscionable AgreementsSunday AgreementsCapacity and Legality:The Final ElementsAgreements Contrary to Public PolicyAgreements to Obstruct JusticeAgreements Interfering with Public ServiceAgreements to Defraud CreditorsAgreements to Escape LiabilitySale of BusinessRestrictive Employment CovenantsNondisclosure AgreementsCapacity and Legality:The Final ElementsConsequences of IllegalityIn Pari Delicto Contracts Partial Illegality in and Agreement