{
  "id": 19199622,
  "title": "Parental consent allows 15-year-olds to be recognized as traders, legal expert says",
  "url": "https://urgent.news/2026/11/09/parental-consent-allows-15-year-olds-to-be-recognized-as-traders",
  "topic": "world",
  "section": "World",
  "published": "2026-11-09T19:17:56.000Z",
  "source": {
    "name": "Ajel English",
    "slug": "ajel-english",
    "url": "https://english.ajel.sa/business/p1j9c8yq2"
  },
  "original_language": "en",
  "account": "Waleed Al-Dulbahi, a legal advisor, has clarified that 15-year-olds who obtain parental consent to engage in trading activities are treated as fully competent traders. With the guardian's permission, the minor assumes full responsibility for all commercial actions, including signing contracts and making purchases and sales. In this capacity, the child is solely accountable for their investment-related transactions and is liable within the confines of their own financial commitments. The child's liability extends to creditors, but only for their personal investment activities. However, the guardian or custodian is not held responsible for any shortcomings unless they have jointly assumed responsibility or signed the pertinent documents and contracts.",
  "summary": "A legal advisor says 15-year-olds granted parental consent to trade are considered full-fledged traders and bear full responsibility for their business actions.",
  "key_points": [
    "15-year-olds with parental consent treated as fully competent traders.",
    "Minor assumes responsibility for all commercial actions, including contracts.",
    "Child liable for personal investment activities, not guardians."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}