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Old 09-03-2012, 07:47 PM   #131 (permalink)
gamboooler
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Join Date: Sep 2009
Location: Edmond, OK
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Quote:
Originally Posted by tonedef2oo8 View Post
Fun fact

If you trade with a minor you can do absolutely nothing to get your money back if something goes awry. Binding contracts can not be issued between minors and adults. Best you can do is take them to small claims when they turn 8 (good luck). Therefore there should be an age limit.
First, there are things you can do. As I explained earlier, just because a contract is voidable, doesn't mean the kid gets to keep the card. Second, as a practical matter, you are S.O.L. if someone runs off with your card regardless of age. Are you going to hire a lawyer and go after someone over $500? Even if you go to small claims on your own, you pay the filing fee, and you win, how are you going to collect?
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