There is:
Misrepresentation
Mistake
Duress
Undue Influence
Illegality
In order to have a valid contract, all parties must agree to each point on the contract. Each person must also consent by signing the contract.
A proveable act of fraud committed by one of the signatories would be sufficient to vitiate a contract.
Vitiate--spoil; to cause moral weakness. "Watching adult movies could vitiate the minds of young children."
I wanted to vitiate his rule, but had to stick to it :)))
Vitiate is to corrupt, impair, or devalue. Example : "It is conceivable than an error could be so serious as to vitiate the entire body of his work."
When both parties under a contract agree to end the contract.
The question is not worded too clearly - but - minors are legally incapable of givng consent to any sales or contract of obligation.
the legal power to give consent
In most cases, yes. The consent of surety is related to a specific contract bond that was issued and sealed. The consent addresses the obligation of the surety as it is related to that contract and should be signed and sealed in the same manner.
In the United States, a 17 year old needs parental consent, and the parent has to sign a contract for the minor.
1. Those where one of the parties is incapable of giving consent to a contract; 2. Those where the consent is vitiated by mistake, violence, intimidation, undue influence or fraud.
Read your contract if you want to know its terms. Every contract is different.
When two or more persons agree upon the same thing in the same sense, there is said to be contract, according to section 13, Indian Contract Act. Consent is considered valid, only when it is a free consent. there is said to be free consent, when such consent has been obtained by means of fraud, coercion, undue influence, mistake and/or misrepresentation. (S.14 of Indian Contract Act, 1874) When consent to an agreement is caused by coercion, fraud or misrepresentation, the agreement is a contract voidable at the option of the party whose consent was so caused. A party to contract, whose consent was caused by fraud or mispresentation, may, if he thinks fit, insist that the contract shall be performed, and that he shall be put on the position in which he would have been if the representations made had been true. Exception : If such consent was caused by misrepreentation or by silence, fraudulent within the meaning of section 17, the contract, neverthless, is not voidable, if the party whose consent was so caused had the means of discovering the truth with ordinary diligence. Explanation : A fraud or misrepresentation which did not cause the consent to a contract of the party on whom such fraud was practised, or to whom such misrepresentation was made, does not render a contract voidable. [privity of contract]
the legal power to give consent