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For most contracts, the general rule is that while it's not illegal to enter into a contract with a minor, the contract is voidable at the discretion of the minor. Voidable contracts are usually valid contracts and are binding unless the child cancels it.
Below the age of 18 years does not have the capacity to enter into a contract. A contract or agreement with a minor is null from the beginning, and no one can sue them.
If a minor enters into a contract, even on false pretences, he will be free of all charges. If a minor enters into a contract and commits a tort, he, again, must not be held liable for entering into the contract or the tort committed (if tort and the contract are connected).
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.
16:- Where a minor has entered into a contract for purchase of necessary items. In such cases: The minor is not personally liable. Minor's estates are liable to make good.