An excerpt from an article written by Richard Stim, Attorney.
Minors Have No Capacity to Contract
Minors (those under the age of 18, in most states) lack the capacity to make a contract. So a minor who signs a contract can either honor the deal or void the contract. There are a few exceptions, however. For example, in most states, a minor cannot void a contract for necessities like food, clothing, and lodging. Also, a minor can void a contract for lack of capacity only while still under the age of majority. In most states, if a minor turns 18 and hasn't done anything to void the contract, then the contract can no longer be voided. (1.) For further clarifications concerning contracting with minors please see the footnotes. (2.), (3.)
Minors Have No Capacity to Contract
Minors (those under the age of 18, in most states) lack the capacity to make a contract. So a minor who signs a contract can either honor the deal or void the contract. There are a few exceptions, however. For example, in most states, a minor cannot void a contract for necessities like food, clothing, and lodging. Also, a minor can void a contract for lack of capacity only while still under the age of majority. In most states, if a minor turns 18 and hasn't done anything to void the contract, then the contract can no longer be voided. (1.) For further clarifications concerning contracting with minors please see the footnotes. (2.), (3.)
Which states in the United States allow contracting with minors.
New York, Texas and California. (4.)
1./http://www.nolo.com/legal-encyclopedia/lack-capacity-to-contract-32647.html (no date is given for when the article was written or posted.)
2./https://contracts.uslegal.com/contract-by-a-minor/
3./http://contract-law.laws.com/consideration/minors
4./http://blogs.findlaw.com/law_and_life/2014/03/is-it-legal-to-sign-a-contract-with-a-minor.html
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