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Intoxicated, Obo Enters a Contract for the Sale of His

Question 8

Multiple Choice

Intoxicated, Obo enters a contract for the sale of his business, Precision Parts, to Quad for less than its market value. This contract is voidable if, at the time,


A) Obo's intoxication was purely voluntary.
B) Quad fraudulently induced Obo to become intoxicated.
C) Quad was also intoxicated.
D) Obo understood the legal consequences.

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