Question: Intoxication. After Kira had had several drinks one night, she sold Charlotte a diamond necklace worth thousands of dollars for one hundred dollars. The next

Intoxication.After Kira had had several drinks one night, she sold Charlotte a diamond necklace worth thousands of dollars for one hundred dollars. The next day, Kira offered the one hundred dollars to Charlotte and requested the return of her necklace. Charlotte refused to accept the money or return the necklace, claiming that she and Kira had a valid contract of sale. Kira explained that she had been intoxicated at the time the bargain was made and thus the contract was voidable at her option. Was Kira correct? Explain. (SeeIntoxicated Persons.)

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 Law Questions!

Intoxication. After Kira had had several drinks one night, she sold Charlotte a diamond necklace worth thousands of dollars for one hundred dollars. The next day, Kira offered the one hundred dollars...

After Kira had had several drinks one night, she sold Charlotte a diamond necklace worth thousands of dollars for just $100.The next day,Kira offered the $100 to Charlotte and requested the return of...

After Kira had had several drinks one night, she sold Charlotte a diamond necklace worth thousands of dollars for $ 1 0 0 . The next day, Kira offered the $ 1 0 0 - to Charlotte and requested the...

After Kira had had several drinks one night, she sold Charlotte a diamond necklace worth thousands of dollars for just $100.The next day, Kira offered the $100 to Charlotte and requested the return...

Business Law Help After Kira had had several drinks one night, she sold Charlotte a diamond necklace worth thousands of dollars for just $100. The next day, Kira offered the $100 to Charlotte and...

After Kira had had several drinks one night, she sold Charlotte a diamond necklace worth thousands of dollars for just $100. The next day, Kira offered the $100 to Charlotte and requested the return...

.12-1. After Kira had had several drinks one night, she sold Charlotte a diamond necklace worth thousands of dollars for just $100. The next day, Kira offered the $100 to Charlotte and requested the...

After Kira had several drinks one night, she sold Charlotte a diamond necklace worth $3,000.00 for just $100.00. The next day, Kira offered $100.00 to Charlotte to get the necklace back. Charlotte...

13-2. Intoxication. After Kira had had several drinks one night, she sold Charlotte a diamond necklace worth thousands of dollars for one hundred dollars. The next day, Kira offered the one hundred...

1 . Farrokh and Scheherezade Sharabianlou agreed to buy a building owned by Berenstein Associates for $ 2 million. They deposited $ 1 1 5 , 0 0 0 toward the purchase. Before the deal closed, an...

Use the high low method to determine the variable and fixed cost components. company perform 4000 oil changes K Use the high-low method to determine the variable and fixed cost components of Rapid...

Much has been made of the new Web 2.0 phenomenon, including social networking sites and user-created mash-ups. How does Web 2.0 change security for the Internet? How do secure software development...

12. What are the sections of the income statement that comprise (1) gross profit and (2) income from operations?

Please help, i have a case question, i will post the question in 4 different post Question 3 Airline competition is always interesting to analyze. Based on the story above, and You can also explore...

7. One or other combination of 16.

1. Discuss the following statements: a) Mastery is not the same as understanding. b) Being bigger than is not the same as being the thing that is bigger. c) The difference between order and disorder...

5. It is the needs of the individual that are important.