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In some cases, a legal contract age is the same as the state's age of majority and indicates whether an individual is deemed mentally competent by the law to enter into contracts.In most cases, this means that the individual must reach the age of majority before they can enter into contracts.

California's legal ages laws, for instance, establish that an individual reaches the "age of majority, or the age at which an individual is legally considered an adult, when he or she reaches 18 years of age.

As for why the age was changed at all, the reasons behind this include massive improvements in public education since the 21 number was originally set, recognition that 18 year olds were able to enter into legally binding contracts, get married, have children, and could even be forcibly drafted.

The contract age of majority is currently age 18. Contracts entered into by minors under this age are generally voidable at the minor's option. This contract doctrine of capacity is based on the policy of protecting minors from their own poor financial decisions and lack of adultlike judgment.

In general, the legal contract age is the state's age of majority. The age of majority is the age when a person is considered an adult. For most states, this is 18 years of age. The age of majority may vary according to state laws, however.

Minors Have No Capacity to Contract Minors (those under the age of 18, in most states) lack the capacity to make a contract. So a minor who signs a contract can either honor the deal or void the contract.

Offer, Acceptance, Consideration In every valid contract, offer, acceptance and consideration are vital aspects. First: An offer is made that contains all of the important and relevant terms of the contract.