Ralph, while under the influence of alcohol to the extent that he did not know t

Question

Ralph, while under the influence of alcohol to the extent that he did not know the nature and consequences of his acts, agreed to sell his 2011 automobile to Courtney for $13,000. The next morning when Courtney went to Ralph’s house with the $13,000 in cash, Ralph stated that he did not remember the transaction but that “a deal is a deal.” One week after completing the sale, Ralph decides that he wishes to avoid the contract. What is the result?

1. Highlight the pertinent facts;

2. Identify the issue of law and/or fact posed by the case problem;

3. What should be the decision in the case?

4. The reasoning for such decision.

Explanation / Answer

1. Highlight the pertinent facts;Ralph made a contract under influence of alcohol, but agreed to abide by contract next day

2. Identify the issue of law and/or fact posed by the case problem;Issue of law is that contract was made by one of the party when it had not adequate control on mental faculty and was unable to think rationally

3. What should be the decision in the case: Ralph has to abide by the contract as he agreed to abide by it very next day at the time when contract was exercised.

4. The reasoning for such decision: Ralph's acknowledgement when contract was exercised is the reason why he cant go back and void the contract. He was in a condition to evaluate the extent and concequence of his acts on next day.

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