• Card 36 / 54: Steve and Bob enjoy a few drinks together, and then Steve offers to sell Bob Steve's custom motorcycle for $25. Bob gives Steve $25 and, with the help of others, gets the motorcycle home. The next day, Steve seeks to rescind the sale. In order for a court to order rescission of the sale, Steve would be required to prove
    A) that he did not understand the consequences of his act at the time of the sale.
    B) that his blood alcohol level was above the legal limit.
    C) that Bob's blood alcohol level was above the legal limit.
    D) none of the above-the court will never order rescission of the sale under those circumstances.

    Answer:
    A) that he did not understand the consequences of his act at the time of the sale.

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Business Law MCQ Exam#2 BUS201

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Attribution:  Maureen Shellooe Miller. Open Course Library: BUS&201 Business Law. The Open Course Library. Washington State Board for Community & Technical Colleges, Jul. 2014. http://www.oercommons.org/courses/business-law-bus-201
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