Professional Documents
Culture Documents
CAPACITY
Chapter Outcomes:
1. Describe the general legal presumptions
in regard to a party’s capacity to create a
contract.
• Definition of Minority
• Legal Age
• Emancipation and Abandonment
• Misrepresentation of Age
Chapter 9
LawLINKS
Many issues and concerns associated with
consumer law can be explored at
http://www.consumer law.com/
The website is named Consumer Action and
Information Center of Hawaii.
9-1
A Question of Ethics
As noted in Example 9-1, most states
would allow Lewis a full refund when he
returns the car, even though the fender has
been damaged. Consequently, there would
be nothing illegal about Lewis accepting
the entire amount. However, ethically,
should Lewis accept the full $6749, or
should he acknowledge his culpability and
volunteer to deduct the $1100 needed to
repair the fender? Explain.
9-1
Topic Quiz
Answer the following true/false questions:
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