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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Chapter 14(1) Discussion

Chapter 14(1) Discussion

Q Why aren't minors allowed to enter into a fully legally binding contract?

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A minor is an individual who has not yet reached the age of 18 years, and for every contract, the majority is estimated to be a condition precedent. Often, it is found that a minor’s agreement is completely a void one which simply means that it does not have any value in the eyes of the law and therefore, it is null and void as it cannot be completely enforced by either party to contract. Usually minors are believed to completely lack the capacity to contract. Therefore, courts as well as the statutes do provide the minors with complete capability to move out of the contract mostly at the discretion of the minor party.