Illustrate how minor reaches at age of majority
Illustrate how minor reaches at age of majority?
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For ongoing contracts (e.g., fitness club memberships, car leases, cell phone plans, and agreements dealing with land, shares, or partnerships), unless a minor promptly repudiates the contract after becoming an adult, the minor will be liable under its terms as if he had been an adult all along.
For contracts that concern a single transaction, unless the minor ratifies it at majority, she will not be bound; under the Statute of Frauds, ratification must be in writing and signed by the minor-turned-adult to be enforceable.
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