Tag: capacity

The capacity of both natural and legal persons determines whether they may make binding amendments to their rights, duties and obligations, such as getting married or merging, entering into contracts, making gifts, or writing a valid will. Capacity is an aspect of status and both are defined by a person’s personal law:
When the law limits or bars a person from engaging in specified activities, any agreements or contracts to do so are either voidable or void for incapacity. Sometimes such legal incapacity is referred to as incompetence. For comparison, see Competence (law).
As an aspect of the social contract between a state and its citizens, the state adopts a role of protector to the weaker and more vulnerable members of society. In public policy terms, this is the policy of parens patriae. Similarly, the state has a direct social and economic interest in promoting trade, so it will define the forms of business enterprise that may operate within its territory, and lay down rules that…

Windows 7 beta now available

Microsoft has apparently decided that it has enough server capacity and has made the code for the Windows 7 beta…

The 500,000 GB MP3 Player

Scientists at the University of Glasgow have created a nanotechnology breakthrough that could increase storage capacity by 150,000 times. It…

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