Legal Question in Business Law in Illinois

contractual capacity

I am just learning about minors and ratification. I was told there are three types, but I only see two; Expressed Ratification, and Implied Ratification. In your response can you include your definitions for these two, and also let me know if there is a third type? Thank you.


Asked on 3/27/07, 3:34 pm

1 Answer from Attorneys

Re: contractual capacity

any action that shows an intent to be bound by the contract after the minor reaches majority will usually suffice as ratification. You might want to look at a law dictionary for definitions.

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Answered on 3/27/07, 6:03 pm


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