Illustrate how minor reaches at age of majority

Question

Illustrate how minor reaches at age of majority?

Answer 1

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.