I live in New Jersey and am sixteen years old, to be seventeen in December of this year. I am possibly about to enter an online business partnership with someone and I want to write a contract with some terms and conditions of our previously made agreement.
The agreement is: I provide something for the other person, who then sells said something online. I am to get a percentage of the profit gained from selling my something.
Assume that the something to which I refer is legally allowed to be sold online in the USA, as well as most other countries, and is my intellectual and physical property. (I made it, and the idea for it from scratch)
Can I legally, in my state, write said contract and have the other person sign it and return it to me? Would it hold up in court if the need arises?
If not, could my parent/legal guardian write it up on my behalf? What could I do to make it legal?
The agreement is: I provide something for the other person, who then sells said something online. I am to get a percentage of the profit gained from selling my something.
Assume that the something to which I refer is legally allowed to be sold online in the USA, as well as most other countries, and is my intellectual and physical property. (I made it, and the idea for it from scratch)
Can I legally, in my state, write said contract and have the other person sign it and return it to me? Would it hold up in court if the need arises?
If not, could my parent/legal guardian write it up on my behalf? What could I do to make it legal?