An otherwise valid contract whose enforcement is barred by the applicable statute of limitations is an example of a(n):
A)voidable contract.
B)quasi-contract.
C)bilateral contract.
D)unenforceable contract.

Question

Quizplus · Accepted Answer

An unenforceable contract is one that meets the basic legal requirements for a contract but may not be enforceable because of some other legal rule.

An Otherwise Valid Contract Whose Enforcement Is Barred by the Applicable