Solved

Lawrence and Jane Were Hammering Out a Deal Over Cocktails

Question 35

Multiple Choice

Lawrence and Jane were hammering out a deal over cocktails. Jane thought that Lawrence was totally plastered and was hoping to take advantage of this in their negotiation of the terms. However, Lawrence knew exactly what he was doing. Although quite tipsy, he pretended to be staggering drunk. His plan was to make two deals: one deal that was good for him, the other a bad one. This way he could complete the deal that was to his advantage and, later, walk away from his obligations on the second deal. Which of the following is TRUE?


A) Only the second deal is enforceable.
B) Neither deal is enforceable since Jane believed Lawrence to be intoxicated when she entered into them.
C) Both deals are enforceable since Lawrence was only pretending to be drunk.
D) Only the first deal is enforceable.
E) none of the above

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents