What is the term used for the willingness of adults who indicate an intent to be bound by contracts entered while still minors?

Question

Quizplus · Accepted Answer

The idea behind ratification is that adults who indicate an intent to be bound by contracts entered while still minors should be bound to those contracts and denied the right to disaffirm thereafter.As adults,they are assumed to have sufficient knowledge and experience to judge the wisdom of those contracts.

What Is the Term Used for the Willingness of Adults