Capacity contracts and minor contracts are two different types of agreements that are often used in business and legal contexts.
Capacity contracts refer to contracts that are signed between two parties where one party agrees to provide a certain amount of goods or services to the other party, up to a certain capacity. These contracts are often used in industries such as energy, where the capacity of the provider’s infrastructure is limited, and the parties need to agree in advance on how much can be provided.
Minor contracts, on the other hand, are contracts that involve minors, who are individuals under the age of 18. These contracts are generally unenforceable, as minors are considered legally incapable of entering into binding agreements. However, there are some exceptions, such as contracts for necessities like food, clothing, and shelter.
It’s important to note that capacity contracts and minor contracts are completely different concepts and should not be confused with each other. Capacity contracts are used in business to ensure that both parties understand the limitations of the provider’s infrastructure, while minor contracts involve legal restrictions on the ability of minors to enter into binding agreements.