Suppose that Jack and Hal and Sophia enter in to a contract for the sale of the business. Jack however was drunk at the time that the negotiations took place and at the time of the signing of the contract. Which of the following would be Hal's and Sophie's best defense against this action?1. The contract is void. 2. The contract is valid unless Jack did not know he was entering into the contract or lacked the mental capacity to comprehend its nature. 3. The contract is voidable only if Jack's intoxication was involuntary. 4. The contract is voidable by any party.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Suppose that Jack and Hal and Sophia enter in to a contract for the sale of the business. Jack however was drunk at the time that the ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
The Converting Department of Tender Soft Tissue Company uses the weighted average method and had 2,100 units in work in process that were 70% complete at the beginning of the period.
Answers (1)
Citizenship roles and responsibilities entrepreneur can perform in the community
Answers (1)
If sales are $904,000 in 2019 and this represents a 13% increase over sales in 2018, what were sales in 2018?
Answers (1)
Daniela retired at the age of 65. The current balance in her Roth IRA is $200,000. Daniela established the Roth IRA 10 years ago. Through a rollover and annual contributions Daniela has contributed $80,000 to her account.
Answers (1)
Which of the following is the best example of investment as defined by economists? Multiple a. A college professor buys a truck to drive around in. b. A worker deposits money into a long-term retirement account. c.
Answers (1)
New Questions in Business
Why are career clusters useful in a career search?
Answers (1)
Sumaira is scared that she will not find a job in the current economy. she decides to be a business major and attend one of the top business schools in the country. upon graduation, she is hired by a major investment banking firm in new york.
Answers (1)
Whenever Josh goes to his favorite restaurant, he wants to buy tiramisu, his favorite dessert. Despite the fact he would enjoy the flavor of the tiramisu the same amount every time, Josh only buys it when he would be the only one having dessert.
Answers (1)
A 1,500,000 SF plant employs 300 people and produces 177,000 LCD panel per month. The plant is idle, on average, 2 months each year for maintenance, repairs, and retooling.
Answers (1)
This year Aetna announced it was moving out of Hartford, Connecticut, where it had held it headquarters for over 100 years. The announcement sent shockwaves through an already economically challenged state.
Answers (2)