If a contract is disaffirmed due of intoxication,which of the following statements is true?
A) Any party other than the intoxicated person must be returned to the condition he or she was in at the time the contract was entered into.
B) So long as the contract was objectively fair,neither party must be returned to the condition he or she was in prior to the time the contract was entered into.
C) Each party to the contract must return the other to the condition he or she was in at the time the contract was entered into.
D) The intoxicated person must be returned to the condition he or she was in at the time the contract was entered into,but that is not true for any other party.
E) So long as the contract was subjectively fair in the opinion of the intoxicated party,neither party must be returned to the condition he or she was in prior to the time the contract was entered into.
Correct Answer:
Verified
Q13: For purposes of determining capacity, intoxicated persons
Q21: If a legal contract is formed and
Q22: Which of the following is true regarding
Q23: When a former minor does not specifically
Q24: Which of the following is true once
Q26: As a general rule,most states will not
Q27: When someone has some sort of mental
Q28: Which of the following is the majority
Q29: When a minor gets married,she or he
Q30: In most states a person is given
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents