No. * Maybe, Missouri, as do all states has exceptions to such issues. If the minor made the contract by fraudulent means, for example, misleading the lender to believe he or she was of legal age the minor is legally responsible for the debt incurred.
a contract is LEGALLY BINDING, an agreement is not necessarily legally binding depending on the circumstances
A contract is a legally binding agreement.
Yes, a 12 year old can form a legally binding contract.
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.
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.
A verbal contract can be legally binding also.
yes, even an oral contract is legally binding, so be careful what you say or sign.
A Legally Binding Agreement.
Yes, it is.
Generally an oral contract is not legally binding:if it involves the sale of landif there is a written contractif it involves an illegal activityUnder other conditions an oral contract may or may not be legally binding. In order to enforce an oral contract the parties must provide the court with compelling evidence that a contract was created between the parties.
Contracts are legally binding on both parties to them.
The contract can be legally binding at the discretion of the 18 year old. The minor can 'disaffirm" the contract, or say there is no contract, when he/she reaches the legal age of majority in AL which is 19.
A contract is a legally binding agreement between two or more parties.
The word valid means legally good. Thus, a valid contract is one that is legally binding. Hope this helps (:
A non-binding contract is considered to be an informal contract. It means both the buyer and the seller are not legally obligated to go through with the bid.
An agreement made in an instant message be considered a legally binding contract. All forms of electronic communications such as emails and text messages are included.
A contract is a legally binding document. If it was signed, it is serious.
yes any contract is leagaly binding
A legally binding document is one whose terms can be enforced by a court of law. An example is a marriage certificate and a contract.
Pacta Sunt Servanda
consideration enables a contract to be legally binding
A text message does not constitute a legally binding contract. Legally binding contracts explain in detail the responsibilities of both parties involved. They become formalized when both parties apply their signatures to it. An agreement entered into via text message is similar to a verbal contract. It may imply an agreement, but does not formalize one.
If you are legally emancipated you can. Entering into marriage means entering into a legally binding contract. At 16 you cannot legally enter into a binding contract. So no, you can't LEGALLY get married.
No, they are a minor and the contract cannot be enforced.