Which of the Following Is Untrue Regarding the Contracts of Intoxicated

question 17

Multiple Choice

Which of the following is untrue regarding the contracts of intoxicated persons?

• A) If an intoxicated person is unable to understand the nature and consequences of his act, then the contract is voidable.
• B) The effect of intoxication is generally the same as that given to contracts that are voidable because of incompetency.
• C) Slight intoxication will destroy one's contractual capacity.
• D) To make a contract voidable, a person need not be so drunk that he is totally without reason or understanding.

Explain the factors influencing producers’ decisions on quantity supplied.

Discuss the role of consumer information in market efficiency and product pricing.

Interpret the impact of technological advancements on supply and market equilibrium.

Evaluate market outcomes based on changes in consumer preferences and income.

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Definitions:

Ether

A class of organic compounds that contain an oxygen atom connected to two alkyl or aryl groups, used as solvents and anesthetics.

Chemical Shift

A measure of the change in resonant frequency of a nucleus in a magnetic field due to its electronic environment, important in nuclear magnetic resonance (NMR) spectroscopy.

Carbon

A nonmetallic element that forms the basis of all known life on Earth, symbolized as C.

Oxygen

A chemical element with the symbol O and atomic number 8, essential for respiration in most life forms and used widely in industry.