A valid contract may be unenforceable for which reason(s)?
A) Failure to satisfy the statute of frauds.
B) Running of the statute of limitations.
C) Both f ailure to satisfy the statute of frauds and r unning of the statute of limitations.
D) A valid contract is always enforceable.

Question

Quizplus · Accepted Answer

A valid contract may become unenforceable if it does not satisfy the statute of frauds, which requires certain contracts to be in writing, or if the statute of limitations, the time period within which a party must bring a lawsuit, has expired.

A Valid Contract May Be Unenforceable for Which Reason(s)