No. But only the minor can terminate the contract.
Not available. Confirmation of Majority Rights is an Oklahoma law that gives minors the legal right to contract, but is rarely granted in court.
Personal loans are restricted to people only over the age of 18. This is because a loan is considered a legally binding contract. U.S. law prohibits minors from entering a contract as they are deemed incapable of understanding the terms and potential consequences of a contract.
Every state
Yes, however keep this in mind; Under the law minors are not 'competent' to be a party to a legally enforceable contract. That being said: Minors also cannot bring suit to protect their own interests. Their parents/guardians must do it for them.
Confirmation of Majority Rights Gives minors the legal right to contract, but rarely granted in court in Oklahoma. There is no emancipation law.
Yes. Courts do not enforce Contracts on Minors. If a minor enters into a contract then such contract is voidable.
those who are capable of entering into the contract.
Depends on the law in the country where they are.
those who are capable of entering into the contract
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Someone else have to sign the contract.
Don't understand the question. (???) As a GENERAL rule minors cannot enter into a legally binding contract - because of the fact that they ARE minors in the eyes of the law. MINORS CAN ENTER INTO CERTAIN TYPES OF CONTRACTS. THE ONLY DIFFERENCE IS THAT IF THEY ENTER INTO A CONTRACT WITH AN ADULT ONLY THE MINOR CAN DIS-AFFIRM THE CONTRACT. IN SOME CASES IF THE MINOR DIS-AFFIRMS THE CONTRACT THE MUST ALSO PAY RESTITUTION