Which of the Following Is True If a Contract Is

question 42

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) 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.
• 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:

Average Workweek

The typical number of hours worked in a week by employees in a particular sector or economy.

Economic Growth

An increase in the amount of goods and services produced per head of the population over a period of time.

Population Growth

Population growth refers to the increase in the number of individuals in a population, commonly measured as the percentage change in population over a specific period.

Permanent Underclass

A social group within a society that is persistently at the bottom of the socioeconomic hierarchy, often facing systemic barriers to upward mobility.