100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Summary

Summary Business Law ~ CH10

Rating
5.0
(1)
Sold
1
Pages
1
Uploaded on
25-11-2018
Written in
2017/2018

Samenvatting is afkomstig van 'Law for business Students ninth edition'. Geschreven door Alix Adams en Jon Rush. Vind jij rechten ook zo een taai vak om te leren en kom je de Powerpoints van de docent ook niet door? Dan is dit de oplossing!! Een samenvatting die het hoofdstuk uitleg in begrijpbare taal zonder overbodig veel woorden. Alle begrippen worden duidelijk uitgelegd en ook wat het eventuele verband ertussen is.

Show more Read less
Institution
Course








Whoops! We can’t load your doc right now. Try again or contact support.

Connected book

Written for

Institution
Study
Course

Document information

Summarized whole book?
No
Which chapters are summarized?
Chapter 10
Uploaded on
November 25, 2018
Number of pages
1
Written in
2017/2018
Type
Summary

Subjects

Content preview

Law Block 2 Chapter 10 Samenvatni


Illegality
Illeiality contract – included contracts which are not prohibited by law but which the public interest

Restraint of trade – restricton on freedom to work for/ do business where/ with whom you choose

1. Contracts of employment
2. Contract for sale of a business (merch)
3. Solus aireement – contract under which one party airees to deal with inly in supplier

Three questios are relevaot ti determioiog reasioableoess

1. Is the business interest one which can leially be protected? (trade secrets, infuental
realtonships in employment contracts, and ioodwill)
2. How loni is the restrainded to least?
3. How wide the ieoiraphical area covered by the restraint?



Ciotractual iocapacity
Minor – person under the aie of 18

Necessaries – ioods/ service proved to be appropriate to the minor’s needs



Uoeofirceable ciotract agaiost mioirs
Unenforceable contract – contract to loan money/ supply non- necessary to a minor cannot be
enforced aiainst them; the minor has riiht to sue

1. Guarantee of minor’s debts – contracts by a third party to iuarantee payments by minors
under contracts not enforceable aiainst them are bindini on the third party
2. Resttuton – an enforce remedy reemuirini a party to hand back specifc property to another
party
3. Ratfcaton of debt – the bindini acknowlediement on reachini maiority, of the obliiaton
to pay a debt contracted while a minor



Meotally impaired persio
The contractual capacity is a person who is mentally impaired is limited in two situatons

1. Whether the other party know of the impairment – if the other to the contact knew or
reasonable should have known if a party’s mental impairment, the contract is voidable by the
impaired party
2. Contract for necessary – a mentally impaired person is obliiated to pay a reasonable price
for necessaries when they are supplier by seller who a aware if that person’s mental state;
the court will not interfere with the price of the seller was not aware of the buyer’s mental
state

Reviews from verified buyers

Showing all reviews
6 year ago

5.0

1 reviews

5
1
4
0
3
0
2
0
1
0
Trustworthy reviews on Stuvia

All reviews are made by real Stuvia users after verified purchases.

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
Fleurultee Hogeschool Rotterdam
Follow You need to be logged in order to follow users or courses
Sold
121
Member since
8 year
Number of followers
84
Documents
74
Last sold
4 months ago

4.0

59 reviews

5
28
4
15
3
8
2
5
1
3

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions