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How old is a valid contract

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How old is a valid contract


        

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  • 2024-06-04 20:00:04

    A contract signed by a person who has reached the age of 18 and is willing to sign it, or a contract signed by a person who has reached the age of 16 and whose main source of income is his own labor income, is valid.

    If a contract is signed by a person over the age of eight but under the age of eighteen, it is also valid after being ratified by his legal representative.

    [Legal Basis]

    Article 18 of the Civil Code states that adults are persons with full capacity for civil conduct and can independently perform civil legal acts.

    Minors over the age of 16 who take their own labor income as their main source of income shall be regarded as persons with full capacity for civil conduct.

    No***

    2024-06-04 20:00:04

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