Question

Payne entered into a written agreement to sell a parcel of land to Stevens. At the time the agreement was executed, Payne had consumed alcoholic beverages. Payne's ability to understand the nature and terms of the contract was not impaired. Stevens did not believe that Payne was intoxicated. The contract is:

A. void as a matter of law.

B. legally binding on both parties.

C. voidable at Payne's option.

D. voidable at Stevens' option.

Answer

This answer is hidden. It contains 151 characters.