Matthew enters into a written agreement to sell a parcel of land to sean. at the time the agreement was executed, matthew had consumed several alcoholic beverages. however, matthew's ability to understand the nature and terms of the contract was not impaired. sean did not believe that matthew was intoxicated. what is the legal status of this contract?

With signals from no-claim bonuses and deductibles, a. the marginal cost curve for careful drivers lies to the left of the marginal cost curve for aggressive drivers b. auto insurance companies insure more aggressive drivers than careful drivers because aggressive drivers have a greater need for the insurance c. the market for car insurance has a separating equilibrium, and the market is efficient d. most drivers pay higher premiums than if the market had no signals