Which of the Following Is Untrue Regarding the Contracts of Intoxicated

question 66

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.

Recognize famous examples of cartels and their impact on global markets.

Differentiate between various market structures based on the number of firms and market behavior.

Understand how antitrust laws aim to prevent anti-competitive practices.

Examine the ethical and legal considerations in business practices like tying and predatory pricing.

---

Definitions:

Urea

(urea) The principal nitrogenous excretory product of mammals; one of the water-soluble end products of protein metabolism.

Nitrogenous Waste

Waste products containing nitrogen, such as ammonia, urea, and uric acid, which are produced from the metabolic breakdown of proteins and nucleic acids.

Adult Amphibians

Mature stages of amphibians, which typically involve a transition from an aquatic to a terrestrial lifestyle, involving changes in respiration and locomotion.

Urea

A nitrogenous compound produced in the liver from ammonia and carbon dioxide, excreted by the kidneys.