The general rule is that only individuals over the age of majority (18) are capable of entering into contracts. However, contracts entered into by minors are not automatically void. They are voidable at the minors election. See Ohio Rev Code Sec. 3109.o1. A minor must disaffirm any such contract upon reaching the age of majority or within a reasonable time thereafter considering the circumstances of each particular case.
Contracting with Minors
by dbloom on February 18, 2011 in Blog, Business Law, Commercial Litigation
Tags: contract law, contracts, disaffirm, minors, ohio revised code, voidable
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