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If both parties to a contract are minors, both parties have the right to disaffirm the
contract.
A check that has been outstanding for more than three months is considered stale, and
the bank is under no obligation to pay it.
The suicide clause is a clause that states that insurance proceedings will not be paid in
case of a suicide at any time during the policy's validity.
When there is substantial performance of a contract, the nonbreaching party may sue to
recover the cost to repair the defect.
It is not necessary to have a checking account at the issuing bank to purchase a cashier's
check.
Fraud in the factum occurs if a person is deceived as to the nature of his or her act and
does not know what he or she is signing.
