BUSAD 120 Lecture Notes - Lecture 23: Mirror Image, Contract
Document Summary
You don"t respond back with a promise. You do whatever the offeror calls for. Don"t have a contract till all the work has been done by the offeree. Offerre performs all the obligations in a majority of states. The relationship between the state and the person is over. All the parties to the contract have done the work, it"s over. One party has the done the work the other one hasn"t. Contract as the the students (one party) is executed . Doesn"t exist in law and neither side can enforce it. It doesn"t become void, because a void contract, never has any legal existence. It"s able to be voided, but it doesn"t have to be. One, or sometimes both, parties, have the right, if they want to, to get out of a contract. To a child it"s voidable and to an adult it"s valid. Usually one one side can get out of it.
