After sipping half a small glass of wine at a meeting with Vineyard Valley Adventures, Esm buys
Question:
After sipping half a small glass of wine at a meeting with Vineyard Valley Adventures, Esmé buys a discounted tour package. The time of the trip is approaching, and Vineyard’s costs to provide the package have doubled.
Vineyard tries to avoid honoring the agreement with Esmé on the ground that she was intoxicated when the agreement was made.
Can Vineyard avoid the contract on the basis of Esmé’s lack of capacity? No. A contract entered into by an intoxicated person is ______________ if the person was sufficiently intoxicated to lack mental capacity. But the transaction is ______________ only at the option of the ______________ person. Furthermore, if the person was intoxicated but understood the legal consequences, the contract is enforceable. Vineyard cannot avoid the contract.
Step by Step Answer:
Business Law Text And Exercises
ISBN: 9780357717417
10th Edition
Authors: Roger LeRoy Miller, William E. Hollowell