POSSIBLE POINTS: 222 After drinking wine together for several hours, Mullen offered to sell his sailboat to Flanagan, who was heavily intoxicated. They shook hands, and Flanagan wrote out a personal cheque to Mullen. Mullen gave Flanagan the keys and documents of ownership for the boat. After Mullen took the Skytrain home, Flanagan fell asleep for several hours. When Flanagan woke up, he did not remember buying the boat, and was shocked to find the keys and documents on his table. Which of the following statements is false? Of Flanagan unsuccessfully advertizes the boat for sale on Craigslist, it should not affect his ability to cancel the contract later, Flanagan takes the boat on a three-week sailing trip, he cannot later cancel the contract on the basis that he lacked capacity at the time the agreement was made. Flanagan should be able to cancel the contract with Mullen it, once he becomes sober, he immediately telephones Mullen to cancel the contract Mullen should not have made a contract with someone who was obviously intoxicated