Question 9

This contract is voidable.

A contract made by an intoxicated buyer is generally considered voidable, meaning the buyer has the right to affirm or rescind the contract due to their impaired capacity at the time of agreement.

A) illegal.

This option is incorrect because the contract is not illegal in nature; rather, it is a valid agreement that can be enforced or voided based on the intoxication of the buyer.

B) void.

Option B is incorrect as well. A void contract is one that has no legal effect from the outset, but a contract made by an intoxicated person can still be valid until the intoxicated party chooses to void it.

C) unilateral.

This option is also incorrect. A unilateral contract involves one party making a promise in exchange for the act of the other party. In this case, both parties have made mutual promises, so the contract is not unilateral.

D) voidable.

This is the correct option as the intoxicated buyer has the right to void the contract due to their impaired judgment at the time of the agreement. This means they can choose to affirm the contract or rescind it based on their state of intoxication.

Conclusion

The correct answer is that the contract is voidable because it allows the intoxicated buyer to decide whether to proceed with or cancel the agreement. The other options fail to accurately describe the nature of the contract, as it is not illegal, void, or unilateral, but rather contingent on the buyer's capacity to consent.