Intoxicated, Obo enters a contract for the sale of his business, Precision Parts, to Quad for less than its market value. This contract is voidable if, at the time,
A)Obo's intoxication was purely voluntary.
B)Quad fraudulently induced Obo to become intoxicated.
C)Quad was also intoxicated.
D)Obo understood the legal consequences.

Question

Quizplus · Accepted Answer

If Quad fraudulently induced Obo to become intoxicated, the contract is voidable because Obo's capacity to understand and consent to the contract could be impaired, making the agreement potentially exploitative.

Intoxicated, Obo Enters a Contract for the Sale of His