Capacity of Minors in Contracts
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This paper attempts to explore the capacity of minors in the United States to form contracts, to break contracts and their legal liabilities for doing so. The paper touches on issues including the rights of other parties to such a contract and the concept of emancipation of minors. The paper defines minors and age of majority and also presents a historical context.
From the Paper:"The law of contracts is concerned with the rules governing legal agreements. Contractual capacity is the minimum competence required by law for a party who enters into a contract to be bound by it. Certain persons are not considered to have sufficient capacity to be bound to or by contracts they may sign. A minor is normally deemed not to have such capacity. A minor is a person who does not have the legal rights of an adult."
Cite this Essay:
Capacity of Minors in Contracts (2004, December 01) Retrieved July 10, 2020, from https://www.academon.com/essay/capacity-of-minors-in-contracts-73625/
"Capacity of Minors in Contracts" 01 December 2004. Web. 10 July. 2020. <https://www.academon.com/essay/capacity-of-minors-in-contracts-73625/>