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.

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Definitions:

Project Completion

The final stage in a project where all tasks have been finished and the project objectives have been met.

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The Software Development Life Cycle is a methodology used for organizing, developing, testing, and launching an information system.

First Stage

The initial phase in a process or sequence of events, often setting the groundwork or foundation for subsequent stages.

Investigation Stage

The preliminary phase in a project or process where information is gathered and analyzed to understand a problem or situation better before making decisions.