What is the willingness to be bound by promises made during minority called?

The correct term for the willingness to be bound by promises made during minority is ratification. Ratification occurs when an individual, who was previously a minor at the time of making a contract, later affirms the contract upon reaching the age of majority. This process allows the minor to enforce the previously made promises or agreements, reflecting a maturity and acceptance of responsibility.

In the context of contracts and legal obligations, it signifies that the individual acknowledges and agrees to the terms of the contract, thereby giving it full legal effect. Ratification is essential because it protects minors from being held to contracts that they might not fully understand or that may have been unfavorable to them at the time.

While variations of terms exist in this context, such as restitution, confirmation, and validation, they do not specifically capture the essence of affirming an agreement made during minority. Restitution refers more to compensating for harm or loss rather than affirming a contract. Confirmation is a broader term and often relates to acknowledging something as true rather than specifically binding oneself legally. Validation generally refers to the act of checking or proving something's validity or correctness rather than the acceptance of contractual obligations. Therefore, ratification is the precise legal concept that encapsulates the willingness to be bound by promises made