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What happens if you sign a contract with a minor and didn't know?
The minor can void the contract. If they affirm it after they become an adult, it would become valid.
Is 18 a minor?
No, at eighteen, you are legally an adult, and the law says you are mentally competent enough to be fully responsible for your actions. Seventeen and below is a minor.
Why should you avoid kid-bids in on-line auctions?
Kid-bids online, just as in the natural world, can be recinded. A minor, under the age of 18, may disaffirm a contract entered into with someone at the age of majority. In other words, a child can void a contract or bid because the child is under the age of 18. A minor can enter into any contract that is not prohibited by law. An adult who enters into a contract with a minor cannot recind a contract made with a minor. Illegal contracts are considered void.
What are the type of contracts that a minor could not avoid?
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
Does a minor have the absolute right to void a contract?
A minor does not have the absolute right to void a contract. As a general rule, contracts made by minors are voidable by the minor at any time up until the minor affirms the contract after reaching majority or until a reasonable times after reaching majority. There are cases where a minor can be held liable for his/her actions if at the time the contract was entered they acted in a responsible and adult-like that proves they were of a capacity to understand the contract. However, the burdon to prove that the minor was actually of capacity falls on the other parties in the contract.
Can a minor sign a loan?
No. A minor cannot sign a binding contract.No. A minor cannot sign a binding contract.No. A minor cannot sign a binding contract.No. A minor cannot sign a binding contract.
What is the age of emancipation of a minor in Indiana?
In Indiana, the age of emancipation for a minor is 19 years old.
Do you have to be eighteen in order to get car insurance?
In general, you need to be an adult, since an insurance policy is a contract- and a minor cannot make a contract. In the RARE case of an "emancipated minor", you might, In most cases, you will need to be 18. You may be carried as an additional driver on an adult's policy. Check with your insurance agent.
Can a minor account be open without guardian?
A minor is a person who has not attained the age of 18 years. According to Section 11 of the Indian Contract Act of 1872, a minor is not competent to contract and therefore any contract entered into with a minor is void abinitio (= from the begining) and therefore, are unenforcble.However, banks encourage minors to open savings bank account, without their guardians, as long as that account runs in credit. Thus it helps S inculcate the habit of savings in the minor. The banker must see that he gives noM.J. SUBRAMANYAM, BANGALORE
Is a contract legal if a person who does not speak understand or write English signs a contract buying a car with a minor doing the translation?
The fact that the translator was a minor does not make the contract unenforceable. The key issue is whether the parties understood the nature and terms of the agreement. That is a question of fact, not law, a court could decide in one case that the minor acted as a competent translator and the party fully understood the contract; and at the same time another court could rule that the minor did not understand the full nature of the language and did not translate effectively precluding in the law what is called the 'meeting of the minds'
In Georgia can a minor void a contract or is it voidable?
In Georgia, a minor cannot sign a contract. If a minor does sign a contract, it is voidable because it is illegal.
A contract can be valid if the person is a minor?
Under Sec. 3 of te Indian Majority Act, 1875, a minor is a person "who has not completed the age of 18 years of age". If a guardin for his person or property is appointed before he attains the age of 18 years of age, then the minority of that minor extends until he attains the age of 21 years.Section 11 of the Indian Contract Act, 1872 prescribes that "a minor is not competent to contract" Therefore, any contract entered into with a minor is void ab initio(= from the beginning) and hence unenforceable in a Court of Law. It was held in Mohari Bibi vs. Dharmadas Ghosh, that "A contract by aminor is not contract at all" In fact, it cannot be ratified by the minor on his attaining his majority age.M.J. SUBRAMANYAM, XCHANGING TECHNOLOGY SERVILCES LTD.
