Define calorimetry and describe two commonly used calorimeters. In a calorimetric measurement, why is it important that we know the heat capacity of the calorimeter? How is this value determined?
Wednesday, October 26, 2016 Business Law 1 Notes From previous sections - Last week we covered the requirements of consideration. And what it means to have legally sufficient value. We also covered what situations are when they are lacking consideration. Chapter 14: Contracts – Capacity and Legality Contractual Capacity: Legal ability to enter a contractual relationship. A person determined by the court to be mentally incompetent cannot form a valid contract. Minors: Generally, at 18 years, a person is emancipated, and has the legal capacity to enter any contract that an adult can. However, a contract entered by a minor is voidable at the option of that minor and can be disaffirmed. Disaffirmance: Contract can be disaffirmed at any time during minority, or for a reasonable period after the minor is emancipated. o Minor must disaffirm the entire contract. o Disaffirmance can be expressed or implied. o Majority Rule: minor need only return the goods (or other consideration) subject to the contract, provided the goods are in the minor’s possession or control. Increasing number of states hold the minor, must restore the adult to the position held before the contract was made. o Exceptions: Misrepresentation of age. Generally, a minor can disaffirm the contract, but some states prohibit the disaffirmance and hold the minor liable.