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The legal age to contract refers to the chronological age a person must be to enter into a binding agreement. In most parts of the United States, Canada, and the United Kingdom, a person is a legal adult when he or she is 18 years of age.
Confidence votes 6. Probably not, as minors can not legally enter into a contract in most states. If someone gave a 17 year old entered into a contract then the 17 year old may be able to get out of the deal. This answer above is incorrect.Yes you can get financial aid and once you do sign the promissory note you cannot get out of it.onfidence votes 6. Probably not, as minors can not legally enter into a contract in most states. If someone gave a 17 year old entered into a contract then the 17 year old may be able to get out of the deal. This answer above is incorrect.