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Minors Contracts

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Minors Contracts
There are many advantages and disadvantages for minors' to enter into contract. Most people believe that minors' are considered incompetent. It is said that if a person does not have the mental capacity to understand a that a contract is being made or the general nature of the contract, the person lacks contractual capacity. So then why would someone enter a contract with one. That is why I would have to say the first advantage is that most minors' which means anyone under the age of 18, are allowed to enter into contracts. However, minors' contracts are "voidable" at the option of the minor. That means that if the minor changes his mind about the contract, he can decide not to honor it. Where as if he were an adult he could be sued for
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