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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.
In English contract law, a minor is any individual under the age of 18 years old. Historically, the age had been 21, until the Family Law Reform Act 1969. As a general rule, a minor is not bound by contracts he makes, though the adult party whom he contracts with is. Once a minor reaches the age of majority however, he can elect to ratify a contract made as a minor in full capacity.