What type of contract can be voidable if one party is not of legal age?

A contract that can be voidable if one party is not of legal age is known as a minor's contract. Contracts with minors are subject to specific legal protections; the law recognizes that individuals below the age of majority, usually 18, may not have the capacity to fully understand the consequences of their agreements. As a result, such contracts can be voided at the discretion of the minor, giving them the ability to cancel the contract without penalty.

This legal principle is in place to protect young individuals from making potentially detrimental decisions that could affect their rights and responsibilities in the future. If a minor chooses to affirm the contract upon reaching the age of majority, they may do so, but until that time, the minor has the option to void the contract.