On Tony's 21ˢᵗ birthday,he decides to treat himself and visits a car dealership after spending the afternoon with some friends at the local pub.Though Tony was unaware of his actions and displayed clear signs of intoxication,the car salesman had Tony sign a contract binding him to purchase a brand new vehicle.Which of the following is true?

Question

Quizplus · Accepted Answer

A contract signed by an intoxicated person is voidable if the person can prove that they were incapable of understanding the nature and consequences of their actions at the time of signing. Tony was clearly intoxicated and therefore lacked capacity to enter into a binding contract. As such, he may repudiate the contract by contacting the dealership within a reasonable time after regaining capacity.

On Tony's 21ˢᵗ Birthday,he Decides to Treat Himself and Visits