Commercial Mortgage & Finance Corp. v. Greenwich Savings Bank

Bell, Presiding Judge.

Defendant contends that the agreements in question were so lacking in mutuality as to be unenforceable. “Parties who labor under no disabilities may contract on their own terms, and if there is no fraud or mistake, and the terms are not illegal or contrary to public policy, they must abide the contract . . . there is nothing illegal or extraordinary in undertaking to do a thing or furnish an article the acceptance of which shall depend on the satisfaction of the other contracting party . . . [but in terminating the contract] the promisor, whose satisfaction is thus made…