4 ms·
> The challenge is that (at least in the U.S), you can't consent to contracts until you're 18. This is not quite true. You can enter into a contract at any age
by smichel17 9y ago
> The challenge is that (at least in the U.S), you can't consent to contracts until you're 18.
This is not quite true. You can enter into a contract at any age. However, if you are under 18, the contract is voidable by you (voiding a contract -> neither party is bound by it any longer). It is not voidable by the other party.
So it's not that you can't enter into a contract, it's that this is risky for the business, because you are not bound to honor it.
Source: I took a business law course in the spring. Obligatory: I am not a lawyer and this is not legal advice.