Minors are usually people who are under the age of 18.
Because of their age, they can't make all kinds of contracts. This is because they might not have enough experience or good judgment to understand what they are agreeing to.
However, there are some situations where a minor can stand by or support a contract, making it valid.
Emancipation: If a minor is legally considered emancipated, they can make contracts just like an adult. This can happen if they get married, receive a court order, or join the military. Once they are emancipated, they can also affirm contracts they signed before becoming emancipated.
Necessities: Contracts for important things like food, clothes, a place to live, and medical care can be enforced for minors. Courts look at each minor's situation to decide if a contract is in this category. This helps make sure minors can get essential items and services.
Post-Majority Affirmation: After a minor turns 18, they can support a contract they signed while they were still a minor. They can do this in two ways: by clearly saying they accept the contract, or by continuing to follow the contract without complaining.
Non-Disaffirmable Contracts: Some contracts can’t be canceled by minors, like student loans or agreements made for business purposes. These exceptions exist because the law realizes that these contracts are important, especially for public interests.
In summary, whether a minor can support a contract depends on their legal status and the type of contract. By allowing some exceptions, the law tries to protect minors while also making sure important agreements are honored. It’s key to understand these rules if you're dealing with contracts that involve minors in business.
Minors are usually people who are under the age of 18.
Because of their age, they can't make all kinds of contracts. This is because they might not have enough experience or good judgment to understand what they are agreeing to.
However, there are some situations where a minor can stand by or support a contract, making it valid.
Emancipation: If a minor is legally considered emancipated, they can make contracts just like an adult. This can happen if they get married, receive a court order, or join the military. Once they are emancipated, they can also affirm contracts they signed before becoming emancipated.
Necessities: Contracts for important things like food, clothes, a place to live, and medical care can be enforced for minors. Courts look at each minor's situation to decide if a contract is in this category. This helps make sure minors can get essential items and services.
Post-Majority Affirmation: After a minor turns 18, they can support a contract they signed while they were still a minor. They can do this in two ways: by clearly saying they accept the contract, or by continuing to follow the contract without complaining.
Non-Disaffirmable Contracts: Some contracts can’t be canceled by minors, like student loans or agreements made for business purposes. These exceptions exist because the law realizes that these contracts are important, especially for public interests.
In summary, whether a minor can support a contract depends on their legal status and the type of contract. By allowing some exceptions, the law tries to protect minors while also making sure important agreements are honored. It’s key to understand these rules if you're dealing with contracts that involve minors in business.