Question: A contract entered into by an intoxicated person is voidable. A contract entered into by an intoxicated person is voidable. True False

A contract entered into by an intoxicated person is voidable.
A contract entered into by an intoxicated person is voidable.
True
False

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Christopher Crosphit (age 42) owns and operates a health club called Catawba Fitness. The business is located at 4321 New Cut Road, Spartanburg, SC 29303. The principal business code is 812190. Chris...

Q:

1) A voluntary acknowledgment made by one party to the other party in a contract is ___________. a) Partial Performance b) Admission c) Promissory Estoppel d) An Integrated Contract 2) Remedies in...

Q:

11) Threats and coercion to force someone to enter into a contract are called: a) a mistake b) undue influence c) duress d) fraud 12) The key term Restitution means that there is an equitable remedy...

Q:

Question 37 When a party can be compelled to observe or forced to obey the terms of the contract there enforceability? Question 38 Revocation is the withdrawal of a contract offer by the offeror....

Q:

Florian, who is in a bar and highly intoxicated, negotiates a contract to sell his car to Anton. Is this contract enforceable? A contract entered into by an intoxicated person is valid. An...

Q:

Florian, who is in a bar and highly intoxicated, negotiates a contract to sell his car to Anton. Is this contract enforceable? A contract entered into by an intoxicated person is valid. An...

Q:

Florian, who is in a bar and highly intoxicated, negotiates a contract to sell his car to Anton. Is this contract enforceable? A contract entered into by an intoxicated person is void because an...

Q:

True or false questions A strict liability claim may not be disclaimed or limited by a manufacturer of 6. seller of a product. Unless a rental agreement fixes a definite term, the tenancy is week to...

Q:

Florian, who is in a bar and highly intoxicated, negotiates a contract to sell his car to Anton. Is this contract enforceable? contract will be enforceable. A contract entered into by an intoxicated...

Q:

1 point A contract entered into by an intoxicated person can be either be voidable or valid. False True 1 point Rue offers to pay Sari to deliver certain documents within thirty minutes. Sari can...

Q:

A contract entered into by an intoxicated person can be voidable. a . True b . False

Q:

The following measurements were performed on a permanent magnet motor when the applied voltage was va = 20 V. The measured stall current was 25 A. The no-load speed was 2400 rpm and the no-load...

Q:

Blue Bull Inc., wants to introduce a new line of business as CEO believes in the current trend of new energy drink. The initial investment required for the project is estimated to be $1,300,000....

Q:

During the COVID - 1 9 pandemic, the uninsurance rate increased dramatically due to job losses. True False

Q:

Please with clear explanation 10. Case study: Kings Fruit Farm In the 1920s Edward Filbert became the tenant of Kings Farm in Cambridgeshire. In 1978 his grandson James Filbert became the latest...