Which of the Following Is True of Contracts Involving Intoxicated

question 21

Multiple Choice

Which of the following is true of contracts involving intoxicated parties?

• A)The rules are similar to the ones for people with a mental incapacity.
• B)Courts are generally sympathetic to people involved in such contracts.
• C)A person incapacitated by intoxication can disaffirm at any period of time.
• D)In most such cases,people have escaped their contractual obligations.

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Definitions:

P(A and B)

The probability of both event A and event B occurring in a joint probability distribution.

Independent Events

Events whose occurrence or outcome does not influence the occurrence or outcome of another event.

Conditional Probability

The probability of an event occurring, given that another event has already occurred.

P(A|B)

The probability of event A occurring given that event B has already occurred.