intoxicated, obo enters a contract for the sale of his business, precision parts, to quad for $500,000.00. the next morning, obo remembers the events of the night before and calls quad and to tell him how excited he is about selling him the the business $500,000.00. a. obo may ratify the contract the next day. b. quad has the right to decide whether the contract should be valid. c. the contract cannot be valid under any circumstances if quad was also intoxicated. d. since obo was intoxicated at the time of the contract, he may not ratify it.
