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

question 35

Multiple Choice

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

• A)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.
• B)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.
• C)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.
• D)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.
• 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.

---

Definitions:

Tacit Knowledge

Knowledge that is difficult to transfer to another person by writing it down or verbalizing it, often gained through personal experience and context.

Intuition

The ability to understand something instinctively, without the need for conscious reasoning, often involving quick and effective decision-making based on experience.

Logical Reasoning

Logical reasoning encompasses the ability to analyze a situation and come to a logical conclusion.

Biased

showing an unfair preference for or against something based on personal opinion.