Discuss the law relating to minors agreement.
Understand the Problem
The question is asking for a discussion on the legal principles and provisions that govern agreements made by minors. This involves understanding the capacity of minors to enter into contracts and the implications thereof.
Answer
Contracts with minors are generally voidable and unenforceable until ratified upon reaching majority age.
Contracts with minors are generally voidable. A minor may enter into a contract, but they have the right to void it at their discretion. Once minors reach the age of majority, they can choose to ratify the contract and make it legally enforceable.
Answer for screen readers
Contracts with minors are generally voidable. A minor may enter into a contract, but they have the right to void it at their discretion. Once minors reach the age of majority, they can choose to ratify the contract and make it legally enforceable.
More Information
The law treats contracts with minors as voidable to protect them since minors may not fully understand contractual obligations. Upon reaching the age of majority, which is typically 18 years, a former minor can choose to affirm or disaffirm the contract.
Tips
A common mistake is assuming contracts with minors are always completely void. They are voidable, meaning only the minor may choose to void or affirm the contract.
Sources
- Foundations of Law - Contracts of Minors - LawShelf - lawshelf.com
- Rules Regarding Minor's Agreement - LawBhoomi - lawbhoomi.com
- Can a Minor Sign a Contract? - Rocket Lawyer - rocketlawyer.com
AI-generated content may contain errors. Please verify critical information
