Judicial Approval Of Contracts With Minors - A Necessity For Businesses (Record Business, Modeling Agencies & Tech Companies)
If a person or entity contracts with a minor they need to understsand the law. From managers to production companies to modeling agencies, and even technology start-ups, the predicament of employing or contracting with a party under the age of eighteen has become an increasing problem. The minor is not bound by the contract and may disaffirm the contract at any time during minority or within a reasonable time after reaching majority. Without a valid written agreement the employment is “at will” under the law of most States which means the minor can depart at any time. The dilemma created by a minor’s ability to disaffirm a contract is that it may seriously jeopardize the employer’s financial investment in the services of the minor whether it is the ongoing efforts of an agency to develop the career of a young talent or the technology company’s expectation that is owns the copyright in the code created by the teenage whiz kid it employs.