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What kind of contract is a revolving credit card account legally defined as?
Wiki User
∙ 17y ago
It can be considered an open account or a written contract.
Wiki User
∙ 17y ago
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What age are you legally allowed a bank account?
You may solely own a bank account whenever you turn 18 or are legally able to contract with the bank. Otherwise, your parent or guardian will have to be on the account with you and accept responsibility for the account.
Can you make a bank account without a parent?
A minor needs to have a joint account, with someone legally able to sign a contract (no one under 18 can sign a contract) in the USA.
Which test would you apply to ascertain whether an agreement is contract?
A valid contract is legally enforceable and defined by law. A test that you would apply to ascertain whether an agreement is a contract would be looking at the benefits and duties between the parties of the agreement.
What do you meant by contract?
A contract is a legally binding agreement.
what are Difference between a contract and an agreement?
a contract is LEGALLY BINDING, an agreement is not necessarily legally binding depending on the circumstances
Is the contract for a timeshare legally binding?
Yes, a contract for a timeshare is legally binding. However, the contract usually has an opt out period of at least ten days. The salesperson can also choose to let you out of the contract.
What is a simple contract?
A simple contract is a contract that is made orally or in writing. This type of contract is not notarized or legally recorded.
Can a 12 year old make a legally binding contract?
Yes, a 12 year old can form a legally binding contract.
How old must you be to get a cell plan with US Cellular?
A cellular contract is a legally binding contract; you must be 18 to enter into a legally binding contract. The answer is 18 years old.
Is signing an employment contract with temporary agency a legally binding contract?
Yes, it is.
If a contract is legally good what will it be declared?
legal.
Can a minor in Tennessee order a debit card when they are a joint owner on an account?
Nope - even a debit card requires the user signing a contract. A minor cannot legally sign a contract, as they're classed as being unable to understand the implications.
