In contract law, a minor is someone under the age of 18. However, there are certain states that have established a legal age of majority at 19 or 21 years old. These laws are referred to as the age of majority laws.
A minor, by law, is not capable of entering into a binding contract. This means that any contract entered into by a minor is voidable or unenforceable. The reason for this is that minors are generally considered not to have the same level of understanding and experience as adults.
But what about states where the legal age of majority is set at 19 or 21 years old? In these states, a minor is still considered someone under the age of 18 when it comes to contract law. So even if the legal age of majority is different, the age at which a person can enter into a binding contract remains the same.
It`s important to note that there are some exceptions to this general rule. For example, minors can enter into contracts if they have the consent of a parent or guardian. They can also enter into contracts for necessities, such as food, clothing, and shelter.
In addition, there are some states that allow minors to enter into contracts for certain types of employment, such as entertainment contracts. These contracts typically require the approval of a court or government agency to ensure that the minor is protected.
Overall, it`s important to understand the role that age plays in contract law. If you`re under 18 (or the legal age of majority in your state), it`s important to be careful when entering into any type of contract. If you have any doubts, it`s always a good idea to seek the advice of an attorney or trusted advisor before signing on the dotted line.
