Under what circumstance would a contract be considered "unenforceable"?

A contract is deemed "unenforceable" when it does not meet the necessary legal requirements for enforceability, such as being in the appropriate written form mandated by law. Certain types of contracts, such as those involving the sale of real estate or contracts that cannot be completed within one year, typically must be in writing to be legally binding. If a contract fails to adhere to these statutory requirements, even if both parties agreed to its terms, it cannot be enforced in a court of law.

In situations where one party refuses to perform, that may lead to a breach of contract rather than the contract being deemed unenforceable. Similarly, if both parties have signed a contract, it generally indicates mutual agreement, which is a fundamental element of a binding contract. Additionally, if one party simply changes their mind about fulfilling their obligations, this does not affect the enforceability of the contract itself unless specific conditions allow for cancellation or modification of the agreement. Therefore, lacking the written form required by law directly impacts the contract's validity, making it unenforceable.