Contracts
In Arizona, a buyer who enters into a purchase contract while legally intoxicated may later claim the contract is:
AVoid, because the buyer lacked legal capacity at the time
BVoidable at the buyer's election, because mental incapacity at signing can be grounds to rescind✓ Correct
CFully binding, because Arizona does not recognize intoxication as a defense
DVoidable only if the seller knew of the intoxication
Explanation
Temporary incapacity, such as intoxication, typically makes a contract voidable (not void) at the incapacitated party's option. The contract is not automatically void — the buyer may ratify it upon becoming sober or elect to disaffirm it.
Related Arizona Contracts Questions
- What is the legal effect of an option contract in Arizona?
- Arizona's Landlord and Tenant Act provides that a landlord may terminate a tenancy with 5-day notice for:
- In Arizona, a real estate contract signed under duress is:
- An option contract in Arizona gives the buyer:
- The Arizona Association of REALTORS® Residential Purchase Contract provides that earnest money deposited in escrow is:
- In Arizona, an exclusive-right-to-sell listing agreement means:
- Under the Arizona Association of REALTORS® Residential Purchase Contract, the buyer's right to conduct a property inspection is addressed in the:
- Which clause in an Arizona purchase contract allows the buyer to cancel and receive a refund of earnest money if they cannot obtain financing?
Practice More Arizona Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Arizona Quiz →