From the description of the scenario stated above, the right response is this:
Given the explanation of the circumstances under which you agree to the deal, your buddy cannot legally hold you to the deal. The law requires that before a deal is signed and legally effective, the parties to the deal but be in the right mental frame to sign and come to an agreement.
In the description mentioned above, it is quite clear that the buddy knew of his friend's mental condition. He knew that his friend was in a sober state and incapable of taking any serious decision. Due to this reason, it would be wrong and legally unacceptable for him to be held to his words.
Complete Question:
1. You go out drinking and playing cards with your buddies. After you have consumed a huge amount of alcohol, you agree to sell your motorcycle to your buddy. The next morning, after you sober up, your buddy tells you what you did. Do you think your buddy can legally hold you to the deal to sell him your motorcycle?
No, he can’t, if you were so intoxicated that you could not form the mental capacity to enter into a contract, whether or not your buddy knew that you were intoxicated.
No, he can’t, if you were so intoxicated that you could not form the mental capacity to enter into a contract, and your buddy knew you were intoxicated.
Yes, he can, even though you were so intoxicated that you could not form the mental capacity to enter into a contract, whether or not your buddy knew you were intoxicated.
Yes, he can, even though you were so intoxicated that you could not form the mental capacity to enter into a contract, and your buddy knew you were intoxicated.
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