Stages of Legal Capacity

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Questions and Answers

What is the key factor that determines a person's Geschäftsfähigkeit according to the text?

Age.

What is required for a minor with limited Geschäftsfähigkeit to enter into a fully valid legal transaction?

The legal guardian’s consent.

What happens to legal acts of individuals Geschäftsunfähigkeit?

They are void.

At what age does an individual attain full Geschäftsfähigkeit in the context described?

18 years. Signup and view all the answers

What are some exceptions where a minor might engage in legally binding transactions despite having only limited Geschäftsfähigkeit?

Own funds, Legal Advantage or Employment. Signup and view all the answers

Explain the meaning of the term Geschäftsfähigkeit in your own words.

The capacity to enter into legally binding agreements. Signup and view all the answers

What is the legal consequence if a person without Geschäftsfähigkeit concludes a contract?

The contract is null and void. Signup and view all the answers

Describe the legal status of transactions made by someone with limited Geschäftsfähigkeit before approval from a legal guardian is obtained.

The transactions are suspended. Signup and view all the answers

Explain why an employment of a minor can be seen as an exception to beschränkte Geschäftsfähigkeit.

Because they are earning their own money. Signup and view all the answers

Under what condition does an individual have beschränkte Geschäftsfähigkeit?

From age 7 to 18. Signup and view all the answers

Who is responsible for handling any legal affairs of an individual who has Geschäftsunfähigkeit?

A legal guardian. Signup and view all the answers

What actions must be taken to make a legal contract with limited Geschäftsfähigkeit?

Get the legal guardian to approve it. Signup and view all the answers

Compare Legal Advantage to an exception of limited Geschäftsfähigkeit.

The minor is gaining something useful. Signup and view all the answers

Explain what it means when it labels a contract to be schwebend unwirksam.

Provisionally Invalid. Signup and view all the answers

Can a 10 year old buy an expensive car?

No. Signup and view all the answers

At what age can a person make a legal contract without anyone's permission?

<ol start="18"> <li></li> </ol> Signup and view all the answers

Relate Geschäftsfähigkeit to making contracts.

The state of being able to make your own legal contracts. Signup and view all the answers

How old does someone have to be to have beschränkte Geschäftsfähigkeit?

Older than 7. Signup and view all the answers

What does voll gültig indicate about a contract??

Fully valid. Signup and view all the answers

Translate Geschäftsunfähigkeit.

Incapacity to contract. Signup and view all the answers

Flashcards

Geschäftsfähigkeit (Business capability)

The ability to independently and fully validly conclude legal transactions.

Geschäftsunfähigkeit (Business incapability)

Legal transactions are void; the legal guardian acts on behalf of the person.

beschränkte Geschäftsfähigkeit (Limited Business capability)

Legal transactions are suspended until the legal guardian approves.

volle Geschäftsfähigkeit (Full Business capability)

Legal transactions are fully valid.

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Ausnahmen (Exceptions)

Exceptions to the need for legal representatives' consent: Using own resources, gaining a legal advantage, or engaging in an employment relationship.

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Study Notes

"Geschäftsfähigkeit" translates to the ability to independently and fully validly conclude legal transactions.