Steve and Bob enjoy a few drinks together Maureen Miller @Open Business

Question 34 / 50: 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.

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Business Law MCQ Exam#2 BUS201

Author:

Maureen Miller

Open Course Library

USA

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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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