Question 72 pts

A party can disaffirm a contract based on intoxication:

Group of answer choices

A party can disaffirm a contract based on intoxication:

if both parties have been drinking.

only when one party has been drinking.

only if he or she was a minor.

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Question 82 pts

An adult may disaffirm a contract:

Group of answer choices

because of their mental impairment.

if he or she enters into a contract with a minor.

if he or she enters into a contract with an intoxicated individual.

if he or she enters into a contract with an intoxicated individual.

Ken, an unmarried seventeen-year-old, signs a contract to sell his car to the Regal Used Car Co. Ken receives a better offer the next day from another car dealership and accepts the new offer. Ken is:

Group of answer choices

not liable to Regal and does not have to sell them his car

liable on the contract with Regal and must sell it a car of comparable value

liable on the contract with Regal and must sell it his car

none of these

Question 142 pts

The majority of states allow a minor to disaffirm a contract even if he lied about his age.

Group of answer choices

True

False