Question

While harry was intoxicated, he sold his car to ben for substantially less than its fair market value. this contract is considered ________?

Answer 1

The answer to this question is that the contract is voidable. A voidable contract specificallt means that the contract can still be implemented or affirmed or rejected by one of the parties due to valid reasons. A situation where in a contract can be voidable is when the other party is not in the capacity to enter into a contract.