A minor,someone under age 18,lacks legal capacity to contract and normally can create only a voidable contract.

Name: A minor,someone under age 18,lacks legal capacity to contract and normally can create only a voidable contract.
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Question

Quizplus · Accepted Answer

Minors are considered to lack legal capacity to contract, which means they cannot enter into a legally binding contract. However, in certain situations, a minor may create a voidable contract, which means they have the option to either disaffirm or enforce the contract.

A Minor,someone Under Age 18,lacks Legal Capacity to Contract and Normally