Asked by Natalia Portugal on May 31, 2024

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Sometimes a contract may be valid yet unenforceable.

Valid Yet Unenforceable

A legal term for an agreement that meets all the requirements to be valid but cannot be enforced in a court of law due to certain limitations.

  • Distinguish among contracts that are valid, void, voidable, and unenforceable.
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ZK
Zybrea KnightJun 03, 2024
Final Answer :
True
Explanation :
As a general rule,a valid contract is one that will be enforced.However,sometimes a contract may be valid yet unenforceable.A valid contract may be unenforceable when some law prohibits the courts from enforcing it.For example,the statute of frauds requires certain contracts to be evidenced by a writing before they can be enforced.Similarly,the statute of limitations mandates that an action for breach of contract must be brought within a set period of time,thereby limiting the enforceability of the contract.