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Mountain Plains Adult Education Association Journal of Adult Education Volume 39 2010 Number 2 Editors Gary J. Conti Oklahoma State University Rita C. McNeil Idaho State University Editorial Board.

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1) A contract with a minor is void and, hence, no obligations can ever arise on him thereunder. 2) The minor party cannot ratify the contract upon attaining majority unless a law specifically allows this. 3) No court can allow specific performance of a contract with minors because it is void altogether.

Section 64 of the Indian Contract Act states that when a person at whose option a contract is voidable re it, the other party need not perform it. This principle applies to contracts that are voidable. But a minor's contract is void.

Absence of Ratification An agreement with a minor is entirely void. Even upon attaining a majority, a minor cannot ratify the agreement because a void agreement cannot be ratified. The Act of ratification cannot confer validity on an act authorised by an incompetent person.

Section 11 of the Act specifically bars a minor from entering into a deal. The consequence of this explicit prohibition is that any contract entered into by a minor shall be null and void from the beginning, irrespective of whether the other party was aware of his minority or not.

The minor's agreement is void-ab-intio which means from the beginning and thus cannot be ratified upon attaining the majority unless the law specifically allows the same. Moreover, the consideration provided to minors shall not be a valid consideration upon the majority.

(Minor) —A minor may draw, indorse, deliver and negotiate such instruments so as to bind all parties except himself. Nothing herein contained shall be deemed to empower a corporation to make, indorse or accept such instruments except in cases in which, under the law for the time being in force, they are so empowered.

An age limit is the oldest or youngest age at which you are allowed under particular regulations to do something. In some cases there is a minimum age limit.

Although 18 years is the legal contract age in most states, there are several exceptions—such as the case of emancipation. If the minor hasn't reached the legal contract age but is granted legal status by a court of law, he/she may enter into contracts.

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© Copyright 1997-2026
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Your Privacy Choices
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
altaFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2026
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232