BU231 Lecture Notes - Lecture 31: Miscarriage
Document Summary
Kid puts baseball through neighbours" window, mom says she"ll pay if you let the kid off. If a 3rd party agrees to pay only if the other party defaults, then it is like a guarantee and must be in writing to be enforceable against the 3rd party. Mom says she"ll pay if kid doesn"t. Agreements made in consideration of marriage: historically referred to marriage contracts such as a bridal dowry, today contracts relating to marriage are governed by family law legislation, but must still be in writing to be enforceable. Business transaction-my kid will marry your kid-give you land, etc. Where a contract is not continuous in nature or a partnership agreement, then it must be ratified by the minor, upon the minor reaching the age of majority to be enforceable that ratification must be in writing. Consideration (with the exception of a guarantee); payment details; and. Agreements not to be performed by either party within one year;
