Idaho Real Estate Practice Exam

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Study for the Idaho Real Estate Exam. Prepare with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

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At what age does a person have legal capacity to enter into a valid contract under Idaho law?

16 years
18 years
21 years
7 years

The correct answer is: 7 years

In Idaho, a person must be at least 18 years old to have the legal capacity to enter into a valid contract. This age aligns with the general legal standard across many jurisdictions in the United States, where reaching the age of majority signifies that an individual has the capability to make binding decisions. While minors may enter into contracts under certain conditions, such as for necessities or with parental consent, these contracts are typically voidable at the minor's discretion until they reach adulthood. Therefore, a person at the age of 7 does not possess the legal capacity to enter into a valid contract, as they are far below the age of majority.