As a general rule, minor`s agreements are not legally binding. This is because minors, or individuals who are under the age of 18, are not considered to have full legal capacity to enter into contracts.
The law recognizes that minors do not have the same level of judgment, knowledge, and experience as adults, which makes them vulnerable to exploitation and unfair treatment. Therefore, the law provides protections for minors by limiting their ability to enter into contracts, especially those that involve significant financial or legal obligations.
However, not all agreements with minors are automatically void or unenforceable. Some agreements may be binding if they meet certain criteria and requirements. For example, contracts for necessary items such as food, clothing, and shelter may be enforced against minors.
Similarly, contracts with minors for employment, apprenticeship, and education may also be valid if the terms are fair and reasonable, and if the minor has the consent of their parent or guardian. Additionally, contracts made by minors for their own benefit, such as those related to their talents, skills, or creative works, may also be enforceable.
It is important to note that even if a minor enters into a contract that is not legally enforceable, they may still be liable for any damages or losses that result from their actions. Therefore, it is crucial for minors and their parents or guardians to understand the legal implications of any agreements they enter into.
In conclusion, as a general rule, minor`s agreements are not legally binding. However, there are some exceptions to this rule, and it is important to seek legal advice to determine whether a minor`s agreement is enforceable or not. Parents and guardians should also ensure that their children understand the consequences of entering into any contract or agreement, and that they do so only under appropriate circumstances and with appropriate safeguards in place.