Smith and Roberson’s Business Law
Smith and Roberson’s Business Law
17th Edition
ISBN: 9781337094757
Author: Richard A. Mann, Barry S. Roberts
Publisher: Cengage Learning
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Chapter 14, Problem 17CP
Summary Introduction

Case summary:

Person W was threatened with foreclosure of her home for her mortgage in default. She decided to sell the house. Persons M learned about this and agreed to pay off her debt in return for the sale of house and consideration of $17,000. They signed a contract of sale which stated the purchase price to be $1,800 and not $18,000. Person W contacted an attorney few hours later to declare the said contract to be void on account of her intoxication during signing the contract.

To discuss: Whether person W can set aside the sale on account of her intoxication and her mental weakness.

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