Kramer returned from a wedding in an intoxicated state and,while still under the influence,agreed to sell his motorcycle to his roommate for a price substantially lower than its market value.Which statement best describes Kramer's legal position?
A) He must claim relief due to the effects of duress.
B) He must claim relief on the basis of undue influence.
C) The contract may be voidable if his roommate was aware he lacked mental capacity.
D) The contract will be binding on Kramer because his reduced mental capacity was self-induced.

Question

Quizplus · Accepted Answer

Contracts entered into by individuals who lack mental capacity at the time of agreement, especially due to intoxication, can be voidable if the other party was aware of this incapacity. In this scenario, if Kramer's roommate knew of his intoxicated state and took advantage of it, Kramer might have the option to void the contract.

Kramer Returned from a Wedding in an Intoxicated State And,while