Does Intoxication Void A Contract?

Does Intoxication Void A Contract? Does intoxication void a contract? In many cases, courts will render a contract with a person who is mentally ill or intoxicated as voidable, meaning the contract may be voided by the incapacitated party. Is intoxication void or voidable? Contracts made by insane or intoxicated people are voidable when the

Does Contract Law Promote Efficiency?

Does Contract Law Promote Efficiency? Does contract law promote efficiency? The view that contract law, in its positive expression, promotes efficient investment and exchange is hard to maintain in the face of doctrinal challenges (see, e.g., Posner 2003). What makes a contract effective? The basic elements required for the agreement to be a legally enforceable