Under which circumstance can a minor’s contract be ratified?

A minor's contract can be ratified when the minor reaches the age of majority, which is the age at which an individual is considered legally competent to enter into contracts. Upon reaching this age, the individual has the option to affirm or ratify the contract they entered into as a minor. This means that they accept and agree to the terms of the contract, making it legally binding.

Contracts made by minors are typically voidable at the minor's discretion. This means that the minor has the right to disaffirm or void the contract while they are still underage. However, once they turn 18 or reach the age defined as the age of majority in their jurisdiction, they can choose to ratify those contracts, thus converting them into enforceable agreements. This principle is in line with contract law, which recognizes the importance of protecting minors from potential exploitation while still allowing them the opportunity to fulfill beneficial agreements upon reaching adulthood.

The other options, while they may touch on different aspects of contract law, do not accurately represent the conditions under which a minor’s contract specifically becomes ratified. For instance, mutual agreement or beneficial terms alone do not change a minor's ability to void a contract before reaching the age of majority. An illegal contract is not subject