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 be unenforceable if it fails to satisfy the statute of frauds, which requires certain contracts to be in writing, or if the statute of limitations has expired, which limits the time period for bringing a lawsuit.

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