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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
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MCS,MBA(IT), Pursuing PHD
Devry University
Sep-2004 - Aug-2010
Assistant Financial Analyst
NatSteel Holdings Pte Ltd
Aug-2007 - Jul-2017
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In any business deal I feel there should always be a way out of a contract, within reason. There does need to be clear boundaries for voiding a contract otherwise it allows someone to void a contract just because “they feel like it.”
An example of lack of capacity would be when a telemarketer calls an elderly adult, who is at the point where a caregiver is taking care of their finances, and sells them an internet plan when they don’t own a computer.
An addition to the seven grounds listed to make a contract voidable I think breach of contract should be added. If one party does not hold to the conditions of the contract the other party should be able to void the contract.
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