A minor is not permitted to enter into a valid contract because he

Assessment: JAMB UTME - Commerce - 1998 Subject: Commerce

Question 1 Report

A minor is not permitted to enter into a valid contract because he
Answer Details
A minor is not permitted to enter into a valid contract because he/she is considered young in the eye of the law. The law recognizes that minors lack the necessary maturity and judgment to fully understand the nature and consequences of the contracts they enter into. As a result, the law deems contracts entered into by minors to be voidable, meaning that they can be legally invalidated or canceled at the option of the minor. Since minors are not considered capable of entering into binding agreements, they cannot be held legally responsible for fulfilling the terms of a contract. This means that they cannot be sued for breach of contract if they fail to perform their obligations. Overall, the legal doctrine of infancy exists to protect minors from entering into contracts that they may not fully understand or that may be disadvantageous to them.

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