Which group is excluded from entering into a contract?

• A. Individuals with a college degree
• B. Persons under the age of majority
• C. Persons with high earning potential
• D. Individuals who are employed

Answer: (B)

Persons under the age of majority are legally excluded from entering into contracts, which is why this option is the correct answer. The age of majority varies by jurisdiction but typically ranges from 18 to 21 years. Individuals below this age are considered minors, and contracts entered into with minors are often voidable at the minor's discretion. This legal protection is in place because minors may not have the capacity to fully understand the ramifications of their contractual obligations, so the law provides them the ability to rescind those contracts.

In contrast, individuals with a college degree, those with high earning potential, and individuals who are employed are not excluded from entering contracts based on those characteristics. The ability to enter into a contract typically requires legal capacity rather than education level, income status, or employment.