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In the First State Bank of Sinai V

Question 57

Multiple Choice

In the First State Bank of Sinai v. Hyland case, the Supreme Court of South Dakota held:


A) Mervin's obligation on a promissory note was void due to his alcohol-related incapacity.
B) Mervin ratified his voidable contract by conduct, making it a fully valid legal obligation.
C) the alcohol intoxication of a party to a contract does not affect the contract's enforceability.
D) Mervin could only use express language to ratify a contract formed while he was incapacitated by alcohol use.

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