When a minor enters into a contract, the contract is typically:

When a minor enters into a contract, the contract is typically considered voidable. This means that the minor has the legal right to affirm or reject the contract at their discretion. The rationale behind this principle is that minors are generally not considered legally capable of fully understanding the implications of their actions or the contracts they enter into. As a result, the law provides them with protections to ensure they are not bound by agreements that they may not fully comprehend.

If a minor chooses to void the contract, they can do so without penalty. However, if they affirm the contract upon reaching the age of majority, it may become enforceable. This principle helps to protect minors from potential exploitation or situations where they may make impulsive decisions.

In contrast, a contract that is void would mean it has no legal standing from the beginning, while an enforceable contract means that both parties are legally bound to its terms without the right to back out. Statements regarding contracts not being legally binding would also overlook the subtleties of those that are voidable, as minors do retain the ability to affirm them under certain conditions.