Question

What is the rule governing an intoxicated persons capacity to enter a contract

What is the rule governing an intoxicated persons capacity to enter a contract

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Answer #1

The rule governing a capacity of intoxicated person to enter into a contract to affect the validity of the contract in which they have entered are (1) disaffirm the contract (2) Ratification

Under Disaffirming the contract, a desire is revealed by an individual to be no longer a part of contract or be bound by the contract. This disaffirmation may be in verbal or in written form

Under ratification party to contract show his/her willingness to be a part of contract or to be bound by terms of contracts

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