Lynn
That may not necessarily be true. A minor can actually enter into a legally enforceable contract in a number of instances. One is when they stand to benefit from the contract. This could be the case with the purchase of property.
Another example: There are many young people employed in fast food restaurants and they are covered by employment contracts.
Terryw
Discover Home Loans
North Sydney
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Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
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Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au