Verified answer

To be enforceable, contracts must be made between two or more consenting adults or legal entities who are in their right minds, there must be consideration (that is, both sides must get something out of the contract and the somethings must be of approximately equal value), and the contract must be for legal actions. For instance, if one or more parties is a minor, the contract cannot be enforced upon the minor. If any party is unable to legally consent because of mental impairment, either temporary or permanent (someone who is drunk can't make a contract), again, the contract can't be enforced. If the contract calls for one or more parties to break the law, then it can't be enforced. So if you made a contract with your brother to kill someone, it's an invalid contract.

1. as a general rule, anyone can "quit" any contract. It's a free country.

2. if you have a binding contract, the person who quits before the contract is done can be asked to pay for the amount of "damages" caused by early termination.

3. children can and do form binding contracts every day, written or oral.

4. children who choose to quit a contract can "void" the contract under some conditions.

5. voided contracts may be subject to restitution (i.e, a child cannot contract to buy something, pay for it, take delivery, void the contract and want her money back without also giving back the thing purchased).

6. your state laws may vary. Contract law generally depends upon the laws of your state, although can certainly have contracts with people in multiple states.

Whether your little piece of paper contains all of the elements to actually BE a contract would depend upon the exact words and the mutual intent of the parties and the object of the contract, among other things. For instance, you could not enforce a contract to be paid $25,000 for killing someone, as that is illegal.

Is this a real contract, or just some "contract" between two kids over something like chores???

Based on your story of having to read it to him, and the general air of immaturity in the wording of your question, I have a feeling its the latter. In which case, assuming your brother is under 18, it was never a valid or legal contract as minors cannot enter into legally binding contracts.

contracts don't need signatures and signatures don't make contracts.

Contracts are MUTUAL Arrangements that Benefit Both Parties To the Exclusion of Outside Non-Parties; So giving your brother your Playstation to beat the crap outa the bully that hangs you by your ankles, naked, from a flagpole, AIN'T a contract - the bully is an outside Non-Party - making your 'hit' a conspiratorial crime with you as the principle and your brother your agent accomplice. Ain't that Right, Congressman whoever.

No, children cannot execute an actual legal contract. It wouldn't have any legal weight: it is a written promise, and that is all - again, not considered legal or binding by any law.

he can quit if he wants are you going to sue him if not otherwise nothing can be done about it because you have no case what do you expect he's your brother