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a contract is an oral written agreement to do or not to do a certain thing today we are talking about the four essentials of a vowel contract real quick lets list them cable parties lawful object consideration and offer and acceptance to be a capable party the person must have the legal capacity to contract typically this means the person is at least 18 years old and of sound mind other competent parties would include a person given authority to enter in contract on behalf of corporation persons with a proper power of attorney a vadhu share given the authority to contract and an emancipated minor an emancipated minor is somebody under 18 whose freed from their parents and is able to act on their own behalf they could be emancipated by one of three ways by serving the military by getting married or by court action thats the route that macaulay culkin took the contract must be entered into you for legal purpose for example we can see in the movies a contract to kill that is really no
