Illinois Real Estate Exam Practice Question
An intoxicated buyer made an offer on a house.
Correct Answer: D
Rationale: An intoxicated buyer's offer is considered voidable, meaning the buyer has the right to affirm or rescind the contract upon regaining sobriety. This is due to the buyer's impaired judgment at the time of the offer.
Option A, "illegal," is incorrect because intoxication alone does not render the transaction unlawful. Option B, "void," is also not accurate, as a void contract lacks any legal effect, while the intoxicated buyer retains the ability to act on the offer. Option C, "unilateral," is misleading; a unilateral contract involves one party making a promise in exchange for an act, which does not apply here.
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