Which of the Following Is True If a Contract Is

question 3

Multiple Choice

Which of the following is true if a contract is disaffirmed on the basis of intoxication?

• 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)Only the intoxicated person must be returned to the condition he or she was in at the time the contract was entered into.
• 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:

Job Benefit

Advantages or perks offered by employers to employees, beyond wages or salaries, such as health insurance, retirement plans, or paid time off.

Quid Pro Quo

A Latin phrase meaning "something for something," which refers to a mutual agreement where a service or good is exchanged for another service or good of equivalent value.

Sexual Harassment

Unwelcome sexual advances, requests for sexual favors, and other verbal or physical conduct of a sexual nature in a workplace, or academic environment.

Promotion

The act of raising someone to a higher position or rank within an organization.