Title: Examine the effects of a contract on a minor.
Course: Business Law (12054-18) > Section: Examining Contracts

Examination should include the following points:

- Minors can enter into a contract, provided the other party is aware of the minor’s age.
- Minors are usually given the right by law to disaffirm contracts, provided it is not an item of necessity.
- Parents and guardians have responsibilities when a minor enters into a contract.
- Minors must have legal capacity to enter into a contract.
- Minors, if legally emancipated, may be bound by a contract.