Payne Entered into a Written Agreement to Sell a Parcel

question 26

Multiple Choice

Payne entered into a written agreement to sell a parcel of land to Stevens.At the time the agreement was executed,Payne had consumed alcoholic beverages.Payne's ability to understand the nature and terms of the contract was not impaired.Stevens did not believe that Payne was intoxicated.The contract is:

• A)void as a matter of law.
• B)legally binding on both parties.
• C)voidable at Payne's option.
• D)voidable at Stevens' option.

---

Definitions:

Conscientiousness

A personality trait characterized by organization, dependability, efficiency, and a strong sense of duty.

Job Performance

The extent to which an employee fulfills their job duties and achieves the expected levels of productivity, quality, and effectiveness.

Big Five

refers to a theory of personality that identifies five main dimensions of human personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Nomothetic

An approach in psychology that seeks to study and identify general laws and principles that apply to all individuals.