Asked by Marisol Trejo on Jul 13, 2024
Verified
A contract entered into by an intoxicated person can be voidable.
Intoxicated Person
An individual under the influence of alcohol or drugs to the extent that their mental and physical faculties are significantly impaired.
Voidable
A term used to describe a contract that is valid and enforceable, but may be legally declared void at the option of one of the parties due to certain defects.
- Understand the legal implications of entering into contracts while intoxicated.
Verified Answer
TD
Tracy DeniseJul 13, 2024
Final Answer :
True
Explanation :
A contract entered into by an intoxicated person can be voidable if the person was so intoxicated at the time of entering the contract that they were incapable of understanding the nature and consequences of the agreement, and the other party took unfair advantage of their condition.
Learning Objectives
- Understand the legal implications of entering into contracts while intoxicated.
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