A comparison the United States law of contracts with the law of contracts of the People's Republic of China.
Contract Law For Minors In Kings
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Multi-State
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Kings
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US-00103BG
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FAQ
A minor can get into any contract, but the general law concerning a contract with a minor is that such contracts are voidable. The law is formulated to safeguard minors who cannot fully understand the consequences of a contract. This implies that minors can exit the contract at their will.
The law recognizes a minor as lacking the capacity to contract. Therefore, contracts with a minor are voidable. This, however, does not apply to the circumstances where minors are legally allowed to get into a contract and be fully obliged to the terms and conditions. Examples of such circumstances include necessities.
In general, parents are not held accountable for the contracts entered into by their minor children. This is because minors (individuals under the age of 18) are typically not considered legally capable of entering into contracts. Therefore, most contracts entered into by minors are voidable at the minor's discretion.
In California, a contract with a minor (anyone under the age of 18) can generally be disaffirmed by the minor.
In most states, minors are not legally able to enter into contracts, and any contract they do enter into is considered voidable . However, parents can be held liable for contracts made by their minor children if they have given their consent or if the contract is for necessaries such as food, clothing, or shelter .
Parental Liability You probably won't be liable for a minor's contract in most situations but you can be held civilly liable for a child's negligence or violence. Some homeowner's insurance policies cover accidents and injuries caused by kids.
In many cases, minors can't be held to the terms of a contract until they reach the age of majority. In other words, a minor has the right to opt out of a contract, even if the other party is an adult and is bound by the terms.
In the state of California, a parent or legal guardian can be held liable when a minor damages property or causes personal injury.
As an example, a contract with a minor is voidable at the discretion of the minor on grounds of his age. But it is still binding on the party on the other side should the minor so decide.
In the U.S., as in other countries, a contract signed with a minor is void and voidable. There's a distinction between the two terms: A void contract is illegal and invalid from the start, which also means that it cannot be enforced.