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Difference between revisions of "Contracts Made by Minors"
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Contracts Made by Minors (view source)
Revision as of 21:29, 16 September 2018
, 21:29, 16 September 2018no edit summary
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* Where the minor does not repudiate (cancel in writing) the contract within one year after turning 19.
| * Where the minor does not repudiate (cancel in writing) the contract within one year after turning 19.
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Even if the contract is unenforceable against the minor because the exceptions do not apply, there may still be a remedy for either side, depending on the circumstances. Under [https://www.canlii.org/en/bc/laws/stat/rsbc-1996-c-223/latest/rsbc-1996-c-223.html#sec20_smooth section 20] of the ''Infants Act'', either side can apply to the court for a remedy, including payment of compensation, return of property, or discharge of the contract (see the section on Contract Remedies). When making such an order, the court considers all the circumstances surrounding the making of the contract. | Even if the contract is unenforceable against the minor because the exceptions do not apply, there may still be a remedy for either side, depending on the circumstances. Under [https://www.canlii.org/en/bc/laws/stat/rsbc-1996-c-223/latest/rsbc-1996-c-223.html#sec20_smooth section 20] of the ''Infants Act'', either side can apply to the court for a remedy, including payment of compensation, return of property, or discharge of the contract (see the section on [[Contract Remedies]]). When making such an order, the court considers all the circumstances surrounding the making of the contract. | ||
According to [https://www.canlii.org/en/bc/laws/stat/rsbc-1996-c-223/latest/rsbc-1996-c-223.html#sec23_smooth section 23] of the ''Infants Act'', a guarantor to a contract made by a minor is liable on (responsible for) the guarantee regardless of whether the contract is enforceable against the minor. | According to [https://www.canlii.org/en/bc/laws/stat/rsbc-1996-c-223/latest/rsbc-1996-c-223.html#sec23_smooth section 23] of the ''Infants Act'', a guarantor to a contract made by a minor is liable on (responsible for) the guarantee regardless of whether the contract is enforceable against the minor. | ||
