A project manager is managing a project to design a software system for a client. She decides to subcontract the work to a programming subcontractor. The subcontractor fails to deliver the work on time, and the project manager invokes a penalty clause that was written into the contract. It is found that the person signing the contract was under twenty-one years of age (the legal age where the contract was signed).

What can be done?

a. The company can invoke the penalty clause, and it must be honored.

b. The work must be completed by the subcontractor, and the penalty clauses must be deducted from the amount paid to the subcontractor.

c. The company should renegotiate the contract.

d. The contract is void for lack of competent parties, and no additional work should be done.