Is engaging in business with an intoxicated individual always permissible?

Study for the LEGL 2700 Hackleman 2 Exam. Enhance your skills with multiple choice questions, comprehensive explanations, and strategic study tips. Prepare for success!

Engaging in business with an intoxicated individual is not always permissible due to the principle that intoxication can affect a person's capacity to contract. When a person is significantly intoxicated, they may lack the mental ability to understand the nature and consequences of the contract they are entering into. This lack of capacity means that any agreements made during such a state may be voidable at the option of the intoxicated party. The law generally recognizes that individuals should not be held to contracts that they were unable to comprehend fully due to their intoxicated state. This principle aims to protect vulnerable individuals from exploitation and to ensure that all parties to a contract are capable of giving informed consent.

In terms of the other options, simply agreeing while intoxicated does not negate the potential incapacity to contract, the assertion that only minors cannot contract overlooks the specific implications of intoxication on adult parties, and stating that it depends on the nature of the contract could be misleading as the general rule about capacity applies across various contract types.

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