Solved

Walter Boyd Had Several Times Been Hospitalized for Alcoholism

Question 28

Multiple Choice

Walter Boyd had several times been hospitalized for alcoholism. While he was at home, in bed, in an alcoholic stupor, his son Conrad asked him to co-sign on a promissory note so Conrad could finance a remodeling of his restaurant. Conrad failed to make timely payments; Bank-the creditor-said it would foreclose on the restaurant mortgage unless at least interest payments were made. Conrad again approached his father who was now sober and the older man wrote a check for the interest owing. Conrad subsequently declared bankruptcy and Bank turned to Walter for payment. Walter's contract is


A) void
B) voidable
C) enforceable
D) unenforceable
E) executory

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions