Under the Restatement (Second) of Contracts, Intoxication Will Make a Contract

question 40

True/False

Under the Restatement (Second) of Contracts, intoxication will make a contract voidable if the other party had reason to know that the intoxicated person was so intoxicated that he/she did not understand the transaction.

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Definitions:

Schizophrenia

A chronic brain disorder characterized by symptoms such as delusions, hallucinations, disorganized speech, and impaired cognitive ability.

Generalized Anxiety Disorder

A mental health disorder characterized by persistent and excessive worry about different aspects of life.

Excessive Anxiety

A state of persistent and overwhelming worry and fear that is disproportionate to the actual source of stress in one's life.

Obsessive-Compulsive Disorder

A psychological condition marked by persistent, intrusive thoughts (obsessions) and unreasonable, strong desires to perform specific acts (compulsions).