When Can a Minor Disaffirm a Contract

When Can a Minor Disaffirm a Contract?

A contract is a legally binding agreement between two or more parties. However, certain parties, such as minors, have the ability to disaffirm or cancel a contract they have entered into. In this article, we will explore when a minor can disaffirm a contract and what the consequences of disaffirming a contract are.

Age of Majority

The age of majority is the age at which a person becomes legally responsible for their actions. In most states, the age of majority is 18. However, some states have set the age of majority at 19 or 21. A minor is a person who has not yet reached the age of majority.

Disaffirmance of Contracts

A minor may disaffirm a contract they have entered into at any time during their minority or within a reasonable time after reaching the age of majority. Disaffirmance means that the minor is canceling the contract and is no longer bound by its terms.

Exceptions

There are certain contracts that a minor cannot disaffirm. These contracts include contracts for necessities such as food, shelter, and clothing. A minor is also unable to disaffirm a contract for goods or services that they have already received and used.

Consequences of Disaffirmance

When a minor disaffirms a contract, they are no longer bound by its terms. This means that they are not obligated to fulfill their end of the bargain, such as paying for goods or services. However, the other party to the contract may be able to recover any property or money that they have provided to the minor.

Conclusion

In conclusion, a minor has the ability to disaffirm a contract they have entered into at any time during their minority or within a reasonable time after reaching the age of majority. However, there are certain contracts that a minor cannot disaffirm, such as contracts for necessities. When a minor disaffirms a contract, they are no longer bound by its terms, but the other party may be able to recover any property or money they have provided. As a professional, it is important to ensure that articles are clear and concise, using relevant keywords and providing useful information to the reader.