The first reform of the Companies Act in 1989 provided that contracts remain valid and that third parties would not be affected when an agreement was ultra vires. [32] It is only when a contractor has acted unfaithfully with a company knowing that a company has exceeded its capacity that a contract can always cease to apply. [33] The second round of reforms was passed in the 2006 Act. Companies are now considered unlimited, unless they choose to limit them. [34] This means that companies are no longer required to design massive object clauses. The 2006 reforms also clarified the legal situation that if a company has limited purposes (which is probably increasingly rare), an ultravires law will result in administrators failing to follow the Constitution in accordance with Section 171. A shareholder who did not agree with legal action outside the company`s objectives must therefore sue the directors in the event of losses. The agreement of a minor cannot require a specific benefit from a minor, since any contract with a minor is viod-ab initio. In certain circumstances, the award of the contract by a legal guardian (unlike the minor child) binds the child to adulthood. In addition to judicial approval of contracts, minors in the entertainment industry are also subject to restrictions on the number of hours worked.

A legal definition of „necessary“ is provided in section 2, paragraph 3 of Ghana`s Sales of Goods Act, 1962 (Law 137), which states that „the required goods are adapted to the state of life of the person to whom they are delivered and their actual requirements at the time of delivery.“ While evidence that a contract is on behalf of the supplier, contracts in this form have been found in a large number of situations, including expensive and extensive purchases. [7] The definition of needs includes obvious purchases such as food and clothing, but also services or goods that enable training or learning. The needs of one minor will not necessarily reflect those of another. Special circumstances, such as age and immediate needs, can yield different results. [7] For example, in Peters/Fleming[8], it was found that a goldenring and a chain of watches were necessary for an MP`s child. [9] However, a contract cannot apply to Dener if a minor`s needs are properly met or if a purchase may be considered unnecessary. Nash v Inman[10] demonstrated this when a tailor`s claim that the purchase of 11 of a child`s vests fails as needed failed on the grounds that he already had appropriate clothing. [7] An agreement between two or more individual responsibilities that are enforceable or otherwise recognizable by law.