Should an 18 year old be allowed to sign any contract, and it be binding?
Or should the magnitude and length and scope of the contract be taken into effect? Should the state say that if you are 15, you can sign something saying you have to pay back $100, but if you are 18 you can sign a bigger contract, and if you are 21, you can do almost anything you want, except with a civil union contract you need a 2 month wait period?
I'm in favor of the later. I think if a contract has 30 pages of fine print, only a corporation with lawyers should be allowed to sign it, since they are the only ones who could accurately make informed concent. A normal person could not possibly understand all that.
I know some libertarians who think an 18 year old should be allowed to sign themselves into a lifetime of slavery as long as it is all in writing and they were given the opportunity to read it before signing it. I strongly disagree.
Or should the magnitude and length and scope of the contract be taken into effect? Should the state say that if you are 15, you can sign something saying you have to pay back $100, but if you are 18 you can sign a bigger contract, and if you are 21, you can do almost anything you want, except with a civil union contract you need a 2 month wait period?
I'm in favor of the later. I think if a contract has 30 pages of fine print, only a corporation with lawyers should be allowed to sign it, since they are the only ones who could accurately make informed concent. A normal person could not possibly understand all that.
I know some libertarians who think an 18 year old should be allowed to sign themselves into a lifetime of slavery as long as it is all in writing and they were given the opportunity to read it before signing it. I strongly disagree.