Which of the following is true regarding contracts entered into by an intoxicated person?
A) The contract would be void.
B) Only the sober party may disaffirm the contract.
C) When the intoxicated person becomes sober, he or she may ratify the contract.
D) The contract is fully enforceable by the sober party.

Question

Quizplus · Accepted Answer

Contracts entered into by an intoxicated person can be ratified once the person becomes sober. This means the intoxicated person has the option to either confirm the contract as valid or reject it upon regaining capacity.

Which of the Following Is True Regarding Contracts Entered into by an Intoxicated