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ContractsContract ValidityMEDIUM

A contract signed by a minor is generally considered:

Correct Answer

B) Voidable at the minor's option

A minor's contract is voidable at the minor's option. The minor may disaffirm (cancel) the contract upon reaching the age of majority, which is 18 in Rhode Island, or within a reasonable time thereafter. The other party, however, cannot void the contract — only the minor holds that right. This differs from a void contract, which has no legal effect for either party from the outset.

Answer Options
A
Void and without any legal effect
B
Voidable at the minor's option
C
Fully enforceable by either party
D
Valid only with written parental consent

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Related Topics & Key Terms

Related Topics:

legal capacityvoid vs. voidable contractsage of majoritydisaffirmancecontract elements

Key Terms:

minorvoidabledisaffirmancelegal capacityage of majority
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