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What makes a contract unenforceable?

  1. Statute of limitations, laches or estoppel, based on fraud, nondisclosure of material facts

  2. It has been signed by both parties

  3. It involves a verbal agreement only

  4. None of the above

The correct answer is: Statute of limitations, laches or estoppel, based on fraud, nondisclosure of material facts

A contract can be deemed unenforceable due to various reasons, including statute of limitations, laches or estoppel, and based on fraud or nondisclosure of material facts. These factors make the contract legally invalid and prevent it from being enforced in a court of law. Option B is incorrect as a contract being signed by both parties does not necessarily make it enforceable. Option C is also incorrect because verbal agreements, while less formal, can still be legally binding contracts. Lastly, option D is incorrect as there are specific circumstances, such as those mentioned in option A, that can make a contract unenforceable.