Illustrate rules regarding contracts with minors

Question

Illustrate the different rules regarding contracts with minors?

Answer 1

1. Loans to a minor:

An adult can recover money lent to a minor only if the minor used the money to purchase necessaries.

2. Liability under Tort law:

Although a minor may be free from liability under contract law, she is still liable for torts like negligence, defamation, and deceit.

3. Lying about age:

A minor cannot gain capacity by intentionally misleading an adult about his or her age.