Henry and Jacob have been friends for many years and decide to go into business together....

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Finance

Henry and Jacob have been friends for many years and decide togo into business together. Henry is 25 years old and Jacob has justturned 17 years old two weeks ago. The have now saved up enoughmoney to purchase a Macbook from Simon, their mutual friend, tostart a graphic design business. Henry and Jacob approach you toadvice on the following:
1.3 Assume the parties go to see Simon and agree that:
a) They will purchase the Macbook, 2017 specs, for R8000
b) They will take immediate delivery of the Macbook.
When Henry and Jacob get home, they find that the Macbook is infact a 2011 model.
1.3.2 Advise the parties of the consequences of void andvoidable contracts.

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a void contract is is contract that cannot be enforced by either of the party the as treats as if they were never formed and they are not to executed by either of the party Void contracts are include contracts that are under illegal subject matter such as See Answer

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