In the event of an intoxicated signer, what is the typical remedy?

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Study for the Washington Real Estate Fundamentals Rockwell Exam. Utilize flashcards, multiple choice questions with hints and explanations. Prepare thoroughly for your real estate career!

Multiple Choice

In the event of an intoxicated signer, what is the typical remedy?

Explanation:
Intoxication can undermine a person’s ability to understand the contract they’re signing, so assent isn’t reliable. When that happens, the contract is voidable at the option of the intoxicated signer. That means the intoxicated party can disaffirm the agreement and, to the extent possible, restore things to how they were before signing (and return any consideration exchanged). The deal isn’t automatically enforceable or illegal; it simply remains valid only if the intoxicated party chooses to ratify it once sober. If they don’t, the contract can be canceled.

Intoxication can undermine a person’s ability to understand the contract they’re signing, so assent isn’t reliable. When that happens, the contract is voidable at the option of the intoxicated signer. That means the intoxicated party can disaffirm the agreement and, to the extent possible, restore things to how they were before signing (and return any consideration exchanged). The deal isn’t automatically enforceable or illegal; it simply remains valid only if the intoxicated party chooses to ratify it once sober. If they don’t, the contract can be canceled.

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