BU231 Lecture Notes - Lecture 5: Chief Operating Officer, Nortel, Identity Theft
Document Summary
Getting out of a contract that has offer, acceptance, consideration and intention depends on a court declaring the contract void or voidable. If this happens the court will grant the remedy of rescission to try to place the parties back into the position they were in before the contract was entered into. It is presumed that the parties have capacity to contract. The burden of proof is on the party alleging a lack of capacity. Online to the little boy who pressed buy it now! . Identity theft because he stole his mom"s identity to sell the car. Enemy alien-canada is at war (enemy), a foreign country (alien) Insane/drugs/alcohol: as soon as you get sober, you have to take action, we"re giving the impaired person the chance to not be taken advantage by a sophisticated business. Minors : as soon as you turn 18, you have to take action. Age of majority is set provincially in ontario: 18.
