Ted, a Seventeen-Year-Old High School Student, Was Hired to Perform

Ted, a seventeen-year-old high school student, was hired to perform in four episodes of Gossip Girls. To keep up with his schoolwork, he contracted with Mr. Tech, of Technoland, for a $2,000 laptop computer. He agreed to pay $500 down and the balance by monthly payments of $250. Read each of the following separately and indicate which is true.

A) This contract is void; therefore, Tech can repossess the laptop which is technically still his whether Ted makes the payments or not.
B) This contract is a legal contract enforceable against Ted.
C) This contract is a legal contract enforceable by Ted.
D) If Ted doesn't make his payments, Tech can sue Ted's parents, because parents are liable for the debts of their minor children.
E) If this contract is in writing and Ted doesn't make his payments, Tech can sue Ted for breach of contract.