17 years, 364 days, 23 hours 
Wednesday, February 19, 2014, 07:30 PM
Posted by Administrator
17 years, 364 days, 23 hours is the time, after birth, when a person is one hour away from having the legal capacity to sign a contract, agree to settle a case, waive their rights. At the moment we each turned 18, our signature became worth something.

At our other business (renting scooters and bicycles), we won't rent to someone under 18 unless a parent is there to sign for them. A young man came in to rent a bicycle, yesterday, and I asked his age. "17", he said and I immediately felt very badly that I was going to tell him "We can't rent to you." His signature on our Release (reciting that renters agree not to sue us if they get injured riding our equipment) would be worthless. His parents would have the same right to complain about our renting to him at age 17 as they would if their 5 year old toddled in and we rented to her.

On the other hand, when I was 17, I bought a 1967 Austin Healy sports car. As I drove away from the seller's house in suburban Denver, the friend who had driven me to pick up the car began honking his horn to get me to look back and see the smoke pouring out of the Healy's exhaust. As soon as I got back to Denver, I called the seller and said "You've got to give me my money back...I'm only 17 and I'm not old enough to buy the car."

I can't remember if he laughed.....or just hung up on me.
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