Why Is Capacity Required for the Principal,but Not for the Agent

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The Answer is The rule allowing a minor to disaffirm a contract is for the protection of a minor.If a minor could be a principal,the minor could do indirectly what the minor could not do directly.An adult agent could take advantage of the minor principal.On the other hand,when a minor acts as an agent,any contracts that the minor enters into are binding on the adult principal,not the minor agent.Thus,a minor does not need protection here.If the adult has foolishly hired a minor to be his agent,it is the adult who must live with the consequences of that decision.Furthermore,it might be wise for an adult to hire a minor who might be an expert on the subject matter of the transaction.

Why Is Capacity Required for the Principal,but Not for the Agent

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Why Is Capacity Required for the Principal,but Not for the Agent

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Correct Answer:VerifiedShow Answer

Correct Answer:
Verified