Illustrate rules regarding contracts with minors
Illustrate the different rules regarding contracts with minors?
Expert
1. Loans to a minor:
An adult can recover money lent to a minor only if the minor used the money to purchase necessaries.
2. Liability under Tort law:
Although a minor may be free from liability under contract law, she is still liable for torts like negligence, defamation, and deceit.
3. Lying about age:
A minor cannot gain capacity by intentionally misleading an adult about his or her age.
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