Technically any contract is just an enforceable promise, and minors have the ability to enter into contracts, much the same as adults do [aside from the ability to disaffirm a contract]. There are cases where contracts that have been created over the internet to do something illegal have become enforceable, and so I would have to say yes, contracts over the Internet that are made by minors are enforceable. -A 16 year old Business Law student and business owner
A minor can sign a contract in Virginia, but if there is no cosigner above the age of 18, the contract is not legally binding. Even if a minor signs a contract the day before their 18th birthday, then the next day decides to cancel the contract, it is allowed because a minor doesn't understand the "consequences" of their actions. the only time this is not true is when a parent/legal guardian is present, someone over 18 cosigns, or a parent cosigns.
A minor of any age (even a toddler) can enter a contract which contains no obligation from them in regards to opening a savings account. This means the account cannot have any fees associated with it (no minimum balance or membership fees, you can't overdraft a savings account, so no overdraft fees either). The belief that a parent must open a savings account for their child or that a parent has access to their child's account is a fallacy. All 50 states allow this, not all banks will agree to open an account, just try a different bank.
Under Sec. 3 of the Indian Majority Act, 1875, a minor is a person "who has not completed the age of 18 years". If a Court of Law appoints a guardian for his person or the property of the minor, before the minor attains the age of 18 years, then the minor continues to be a minor till he competes the age of 21 years.
As per Section 11 of the Indian contracat Act, 1872, a minor is not competent to contract and therefore any contract entered to with a minor, except those for the necessareis of life supplied to him and his dependanta are voidab initio(sec. 68 of the Indian Contract ACT), i.e., from the beginning. This view was also uphelp in the famous case of Mohiri Bibi vs. Dharmadas Ghosh. "A contract by a minor is no contract at all" In view of this, it may not be possible to go against a minor in a Court of Law and any contract with a minor is unenforceable.
M.J. SUBRAMANYAM, XCHANGING
Generally speaking a minor cannot enter into a legally binding contract. However, contracts and minors is a complicated topic.
Although some minors do enter into contracts with adults, most contracts cannot be enforced against minors. They are voidable, at the request of the minor. For that reason, most people are hesitant to enter into a contract with a minor. However, the minor can enter a contract, can choose not to void it, and can enforce it against the other party. On the other hand, the minor can do some action after reaching eighteen years of age such as making payments on a car purchased at seventeen, and thereby ratify a contract entered at seventeen, making it enforceable.
In most states, someone is a minor if he or she is under 18, though there may be variations. Therefore, if a minor signs a contract but later wants to get out of it, he or she can usually do so. For this reason, it is a good idea to have the minor's parents sign the agreement if you don't want it voided in the future. The most common justification for the rule is to protect minors from assuming obligations which they are not capable of understanding. It is obvious to see that this will lead to harsh results, so some general exceptions have been created such as sports and entertainment contracts.
In most jurisdictions, minors cannot enter into contracts with anyone. A minor can make a written promise to another minor (or to anyone else), but said promise is not legally regarded as an actual contract and would not be legally enforceable.
Of course you can SIGN a contract under age. It's just not enforceable.
Yes minor can enter into a contractual agreement . But he has to be represented by Guardian/ legal hire
No, its illegal, you must be 18 years or older.
They can sign one, but it is not legally enforceable.
Yes, but it is not enforceable.
If they were an 'emancipated minor' yes. Otherwise, a contract signed by someone under the age of 18 (without a co-signer on the contract) would not be legally enforceable.
A contract signed by both both parties is enforceable and cannot be withdrawn from except as provided for in the contract itself.
Contract must be properly signed and witnessed as to make it enforceable to all parties
No, they are not responsible. Technically, any contract signed by a minor is void.
The contract is not enforceable unless both parties signed it. If the sellers changed their mind and didn't sign then you don't have a contract.
Generally, no. The realtor must honor the terms of the first contract. A legally binding contract is enforceable in court.
The length of the contract depends on all the terms in the contract itself and the actions of the parties who signed the contract. Unless the contract you signed had an automatic Termination date or the other party did not comply with the terms of the contract, then the contract is probably enforceable. Again, though, it depends on all the language in the contract.http://www.justanswer.com/topics-termination/
"Executed contract" can have two meanings.It can mean a contract has been properly signed and witnessed so as to make it enforceable by both parties.It can mean that all the terms of a contract have been carried out.
It depends on the validity of the contract. If it meets the requirements of a valid contract then it's enforceable.
Typically 18 years old...however....A minor child (under18) can be in title if the property is held in a "trust" for the benefit of the child. A minor can not legally sign a contract and it be an "enforceable" contract.
No. Verbal contracts can be enforceable.