Nullifying Contracts

Introduction to Nullifying Contracts

The contract of a lunatic, an idiot, or a person so under the influence of a narcotic or of intoxicating liquor as not to be capable of a free exercise of will is sometimes said to be wholly void. In recent cases, however, such contracts have usually been regarded as merely voidable; and in some instances they are enforced if the other contracting party is unaware of the incompetency and the terms are fair. The contract of a minor, usually a person under the age of 18, is not void, but voidable, and it may be affirmed by that person on attainment of full age.” (1)

Resources

Notes and References

• Information about Nullifying Contracts in the Encarta Online Encyclopedia

Guide to Nullifying Contracts

In this Section

Contract, Contract Types, Nullifying Contracts and Breach of Contract.