Business Law and the Regulation of Business 11th Edition by Richard Mann, Barry Roberts

Exercise 11

Daniel, while under the influence of alcohol to the extent that he did not know the nature and consequences of his acts, agreed to sell his 2011 automobile to Belinda for $13,000. The next morning when Belinda went to Daniel's house with the $13,000 in cash, Daniel stated that he did not remember the transaction but that ''a deal is a deal.'' One week after completing the sale, Daniel decides that he wishes to avoid the contract. What is the result?