wholesale jewelry jobs in newm york city What are the legal consequences of invalid contracts? Intersection

scarves jewelry wholesale The legal consequences of invalid contracts are as follows: The property obtained by the contract must be returned and cannot be returned. It is converted according to the value of the property obtained, and the responsibility of compensation for the other party is compensated;
and there are faults One party wants to compensate the contract invalid to the other party, and both parties have the fault to bear the responsibility according to the fault ratio.
[Legal basis]
"Civil Code" Article 157. After the civil legal act is invalid, after being revoked or determined that the property obtained by the act ; If it cannot be returned or there is no need to return, 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.