Emancipated Minor

Definition

Emancipated Minor. A minor who is allowed to conduct a business or any other occupation on his or her own behalf or for their own account outside the control of a parent or guardian

The minor will then have full contractual capacity to conclude contracts with regard to the business. Whether parental consent is needed to achieve emancipated status varies from case to case. In some cases, court permission is necessary. Protocols vary by jurisdiction.

See Also

• https://en.wikipedia.org/wiki/Emancipated_minor

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.