Humber/Ontario Real Estate Course 1 Exam Practice

Disable ads (and more) with a membership for a one time $2.99 payment

Prepare for the Humber/Ontario Real Estate Course 1 Exam with our comprehensive quiz. Test your understanding with multiple choice questions and detailed explanations. Build confidence and knowledge for a successful exam experience!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

Buyer Gleason signs an agreement while inebriated, and the seller accepts it later that day. Can Gleason cancel the contract?

Gleason has no legal grounds upon which to cancel the agreement.
The agreement would be considered void, as the buyer had limited capacity due to intoxication at the time of signing.
Gleason can probably void the contract given his inebriated state and the salesperson's awareness of that fact.
Gleason could void the agreement claiming undue influence.
The contract is binding despite the buyer’s inebriation.
Gleason is obligated to the terms unless a witness can attest to his impairment.

The correct answer is: Gleason can probably void the contract given his inebriated state and the salesperson's awareness of that fact.

In this scenario, the correct answer is C. Gleason can probably void the contract given his inebriated state and the salesperson's awareness of that fact. When a person is intoxicated to the point of impairing their decision-making abilities, they may lack the legal capacity to enter into a contract. In this case, the seller accepting Gleason's agreement while being aware of his inebriated state could be seen as taking advantage of Gleason's vulnerability, which may provide grounds for voiding the contract. This situation may involve elements of misrepresentation or lack of genuine consent, making it more likely for the contract to be voided compared to a regular transaction where both parties are of sound mind.