A crucial component of a legally enforceable contract is that the parties to a contract must be competent. A competent party is an individual who is of legal age and has at least normal mentality considered by law to be capable of comprehending the meaning of a contract. Throughout time, the law has always attempted to protect young people from adults who may attempt to take advantage of them. An individual is not bound by the terms of his or her contract until he or she reaches the age of majority, which is the age at which a person is legally recognized as an adult. A person who has not reached the age of majority is regarded as a minor, or, in the eye of the law, an infant. While minors are permitted to enter into a contract, the contract
