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Immigrant life in Singapore: Is it valid for minors to sign contracts?

Minors include persons without capacity and persons with limited capacity. There are four situations in which a contract signed by a minor is valid:

First, the pure benefit contract and the gift-accepting contract signed by a person without capacity and a person with limited capacity have legal effect;

Second, contracts signed by persons with limited capacity are legally binding;

Third, the contract signed by a person without capacity is invalid;

Fourth, other contracts signed by persons with limited capacity belong to contracts with pending validity.