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Yes. Doing so can invite charges of identity theft, fraud, theft by deception and, depending on how the law is translated, child abuse if the intention of the act was to cause harm to the child. If you are interested in teaching your child financial responsibility then i would suggest another route.

Added: Technically speaking - minors are legally 'incapable' of entering into contracts. They cannot be held responsible for them, nor are businesses or individuals required to accept them.

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Q: Is it illegal to put a bill in a minor's name?
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