Question

For which reason(s) may a valid contract be unenforceable?

1) Lack of consideration
2) Misrepresentation
3) Undue influence
4) D. All of the above

Answer 1

A valid contract may be unenforceable for reasons including lack of consideration, misrepresentation, and undue influence.

Step-by-step explanation:

A valid contract may be unenforceable for various reasons, including:

1. Lack of consideration: Consideration refers to something of value that is exchanged between the parties to a contract. If one party fails to provide consideration, the contract may be unenforceable.
2. Misrepresentation: If one party makes a false statement or fails to disclose material information, it can render the contract unenforceable.
3. Undue influence: If one party exerts undue pressure or influence on another party to enter into a contract, it can make the contract unenforceable.

Hence, the correct answer is D. All of the above.