wholesale fashion jewelry online usa What are the consequences of invalid the contract?

wedding jewelry wholesale dropahip Legal analysis: The consequences of invalid contracts are: 1. Return to property. Return to the property refers to the party's obligation to return the property to the property that has been paid to the property after the contract is confirmed to be invalid or revoked the property that has been delivered to the other party after the contract is confirmed to be invalid or was revoked. 2. Compensation for discount. The discount compensation is when the property of the other party obtained from the invalid contract cannot be returned or it does not need to be returned, and it is converted in accordance with the value of the property obtained, and the responsibility of compensation for the other party is compensated by money. 3. Compensation loss: When the contract is confirmed to be invalid, if the fault of one or both parties causes losses to the other party, it will also bear damage compensation.
The legal basis: Article 157 of the Code of the People's Republic of China Article 157 After the civil legal act is invalid, after being revoked or determined that the property obtained due to the behavior should be returned Or if there is no need to return it, the discount should be compensated. The party with faults shall compensate the other party's losses; if all parties have faults, they shall bear the corresponding responsibilities. If the law has other provisions, in accordance with its regulations.