Topic: Should the age of contractual capacity be raised to 21 years old? In most states, including California, the contract age of majority is currently age 18. As you've learned in this unit, contracts entered into by minors under this age are generally voidable at the minor's option. This contract doctrine of capacity is based on the policy of protecting minors from their own poor financial decisions and lack of adult-like judgment. Until comparatively recently, the age of contract majority had been 21, and some argue that the law should return to that standard. Please take the following positions and answers these positions separately. Provide two arguments to support for each position. The first position: the age of contractual capacity should remain at 18 years old. The second position: why you believe that another age--or another standard, besides age--would be more appropriate for the state to determine that an individual can agree to a legally binding agreement. In crafting your argument for the change, or for maintaining the status quo, you may want to consider biology, changes in culture, or the ability to purchase cigarettes or alcohol have any bearing on this change.