In certain circumstances, a guardian of a minor could enter into a valid contract on behalf of the minor. Such an agreement, concluded by the guardian for the benefit of the minor, could also be applied by the minor. A minor`s agreement cannot be ratified by him at the age of majority, but he can be a beneficiary of the contact and can also be admitted as a partner in the partnership company, but he is not responsible for losses. A minor may be appointed as a mandatary. Mistake: this is a false belief in something. Errors or errors invalidate the contract, i.e. it is not applicable to the choice of one of the parties. Errors can be divided into two types: errors of law and errors of fact – The first factor is the age of majority. It provides that a minor, i.e. eighteen years of age, is not compatible with the contract. It is possible for a person to behave normally, but he cannot understand the transaction and therefore not be able to make a rational judgment, which leads to the insolidicity of the mind. According to section 12 of the Act, a person is considered a sound mind when he is able to understand at the time of entering into the contract and to render a rational judgment.
This implies that a person who is usually of unhealthy mind and partly of healthy mind, then he should enter into a contract if he is of a healthy mind, and if it is the other way around, then the person should avoid making a contract if he is of an unhealthy mind. The insolide spirit leads to the treaty continuing to be invalidated. But the reason is in favor of that person, which implies the ability to understand and make rational decisions about his interests. For example, if one person of the other claims that the person has become unable to understand their affairs due to age, it is up to the person to prove the insolidity of the other`s mind. . . .