In the context of law, an incompetent individual is one who is not legally capable of completing a contract. This includes the mentally ill, minors, and others considered incapable. In a personal context, incompetence refers to an individual who is poorly suited to perform the required work.
The age at which a person can enter into binding contracts or agree to other legal acts without the consent of another adult. In most states, the legal age, also called the age of majority, is 18 years.
The Uniform Gifts to Minors Act (UGMA) is a legislative framework adopted by most U.S. states to govern the distribution and administration of assets gifted to minors. It allows minors to own assets without requiring the services of an attorney to establish a special trust.
Documentation used to verify that minor employees meet legal age requirements for employment, ensuring compliance with child labor laws.
