BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS LAW

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Drunken person ____ enter into a contract during that period
A
Can
B
Cannot
C
Sometimes
D
Always
Explanation: 

Detailed explanation-1: -(b) A sane man, who is delirious from fever, or who is so drunk that he cannot understand the terms of a contract, or form a rational judgment as to its effect on his interests, cannot contract whilst such delirium or drunkenness lasts."

Detailed explanation-2: -Yes! If either party is intoxicated and enters into an agreement, that agreement is voidable by the party that was intoxicated.

Detailed explanation-3: -An intoxicated person may lack the mental capacity necessary to contract. Generally, this will require extreme intoxication. If the intoxicated person enters into a contract, she must disaffirm the contract within a reasonable time of regaining capacity and learning of the contract.

Detailed explanation-4: -The law recognizes three categories of individuals who lack the capacity to contract: minors, individuals with psychological disabilities, and intoxicated persons. If anyone from these categories enters into a contract, the agreement might be considered “voidable” by them.

Detailed explanation-5: -Consent is said to be so caused when it would not have been given but for the existence of such coercion, undue influence, fraud, misrepresentation or mistake.

There is 1 question to complete.