If a Contract Is Disaffirmed Due of Intoxication, Which of the Following

question 52

Multiple Choice

If a contract is disaffirmed due of intoxication, which of the following statements is true?

• A) 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.
• B) 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.
• C) 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.
• D) 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.
• 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.

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Definitions:

Contextual

Pertaining to or depending on the context of something; relating to the circumstances that form the setting for an event, statement, or idea.

Exponential

Pertaining to a mathematical function or growth pattern that increases at a rate proportional to the current value, resulting in rapid growth.

Analytical

Relating to or using analysis or logical reasoning for problem-solving or understanding concepts.

Practical

Concerned with the actual doing or use of something rather than with theory and ideas.