Disaffirmance is the legal right of a minor to void a contract, protecting them from obligations that they may not fully understand due to their age. This act must occur within a reasonable time after reaching the age of majority, otherwise, the contract may become binding.

Disaffirmance

Legal right of a minor

Void a contract

Protecting from obligations

The age of majority is the threshold of adulthood as recognized by law, marking the point at which individuals assume control over their actions and decisions, and are fully accountable for them. This age varies by jurisdiction, typically set at 18 or 21, and signifies the end of parental control and the beginning of legal responsibilities and rights, including voting and contractual capacity.

Age Of Majority

A binding contract is a legally enforceable agreement between two or more parties that creates mutual obligations. For a contract to be binding, it must include an offer, acceptance, consideration, mutual assent, and legality of purpose.

Concepts

Relevant Degrees

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