Kramer returned from a wedding in an intoxicated state and, while still under the influence, agreed to sell his motorcycle to his roommate for a price substantially lower than its market value. Which statement best describes Kramer's legal position?

The contract will be binding on Kramer because his reduced mental capacity was self-induced.

He must claim relief on the basis of undue influence.

He must claim relief due to the effects of duress.

The contract may be voidable if his roommate was aware he lacked mental capacity.