Persons who are intoxicated may disaffirm or ratify a contract when sobriety occurs.

Name: Persons who are intoxicated may disaffirm or ratify a contract when sobriety occurs.
Brand: Quizplus
Rating: 4.9 (56 reviews)

Question

Quizplus · Accepted Answer

This is a correct statement, as intoxicated individuals are not capable of giving informed consent to enter into a contract. Therefore, when they become sober, they may choose to either disaffirm the contract, meaning they cancel it and are no longer bound by its terms, or ratify it, meaning they agree to be bound by its terms.

Persons Who Are Intoxicated May Disaffirm or Ratify a Contract