Question: Somewhere between drunk and heavily buzzed, Lon Moore entered into a valid contract with Jamie Foxx. The contract was for the sale of his lawn
Somewhere between drunk and heavily buzzed, Lon Moore entered into a valid contract with Jamie Foxx. The contract was for the sale of his lawn mowing business to Jamie Foxx, but the agreed-to price was well below market price. After surviving the hangover the following day, Moore regrets his decisions and calls Jamie Foxx to try to talk his way out of the deal by blaming the alcohol, but to no avail. The contract will be deemed _____________________.
1. enforceable, unless Lon explicitly told Jamie Foxx he was intoxicated while making the contract.
2. enforceable, unless Jamie Foxx had been spiking Lon's drinks, without Lon's knowledge.
3. enforceable, unless Jamie Foxx could tell Lon was impaired while making the contract and expected he would try to cancel it after the fact.
4. enforceable, unless the sale price was objectively far below market price.
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