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.

Statute Of Limitations

A statute that requires that certain classes of lawsuits must be brought within defined limits of time after the right to begin them accrued or the right to bring the lawsuit is lost.

Unenforceable Contract

An agreement that, due to legal deficiencies or circumstances, cannot be legally compelled by a court to be executed by the parties involved.