Question 16

This contract is voidable.

An intoxicated buyer's offer on a house results in a contract that is voidable. This means that the buyer has the right to affirm or reject the contract due to their impaired judgment at the time of the agreement.

A) illegal.

This option is incorrect because the contract itself is not illegal. While the buyer's intoxication may affect their capacity to enter into a contract, it does not render the contract illegal under the law.

B) void.

This choice is incorrect as well. A void contract is one that is not legally enforceable from the moment it is created. In this case, the contract can still be enforced unless the intoxicated buyer chooses to void it.

C) unilateral.

This option is not applicable. A unilateral contract is one where only one party makes a promise or undertakes an obligation. In this scenario, both parties have agreed to terms, making it a bilateral contract.

D) voidable.

This option is correct because a voidable contract allows one party, in this case, the intoxicated buyer, to choose to affirm or rescind the contract. The law recognizes that intoxication can impair a person's ability to make decisions, thus granting them the right to void the contract if they choose.

Conclusion

The contract is definitively voidable because it was entered into by a buyer who was intoxicated, allowing them the legal option to rescind the agreement. Options A, B, and C are incorrect because they mischaracterize the nature of the contract in the context of intoxication and mutual agreement. Thus, D is the only choice that accurately reflects the legal standing of the contract.