文档介绍：SECTION II
LAW OF CONTRACT
ELEMENTS OF THE LAW OF CONTRACT
CASES AND STATUTES
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CONTENTS
Capacity................................................................................... 1
Express and Implied Terms ...................................................... 6
Classification of Terms ........................................................... 12
Exemption Clauses I .............................................................. 17
Exemption Clauses II ............................................................. 22
Misrepresentation .................................................................. 30
Mistake I ............................................................................... 39
Mistake II .............................................................................. 44
Section II
ELEMENTS OF THE LAW OF CONTRACT
1. CAPACITY
Aims and Objectives
(a) To examine the extent to which contracts made by
minors may be valid;
(b) To examine the effect of entering a void or
voidable contract with a minor.
Statutes and case Law Ratio and Fundamental Features
Contracts for necessaries Where necessaries are sold and delivered to a minor
… he must pay a reasonable price for them.
The Sale of Goods Act 1979 (2)
Section 3(3) ‘... “necessaries” means goods suitable to the
condition in life of such a minor and to his actual
requirements at the time of sale and delivery.’
Peters v Fleming (1840) 6 M&W 42 Items of mere luxury cannot be necessaries, but a
luxurious item of utility, such as a gold watch, could
be. ‘Necessaries are such articles as are fit to
maintain the particular person in the state, station
and degree … in which he is.’
Wharton v Mackenzie (1844) 5 QB It was suggested that a racehorse could not be a
606 necessary whereas in Barber v Vincent [1680] Free
KB 581, it was said that a horse to be used for
transportation on necessary business