What defines an enforceable contract?

An enforceable contract is one that meets all legal requirements necessary for it to be upheld in a court of law. There are several fundamental elements that must be present for a contract to be enforceable, including offer, acceptance, consideration, mutual consent, and legality of purpose. When a contract has these characteristics, it can be enforced by either party in case of a breach, meaning that the aggrieved party has the right to seek legal remedies.

In contrast, a contract that is only verbally agreed upon may lack the necessary documentation or clarity that written contracts provide, which can complicate enforcement. Similarly, while a written contract carries more weight, if it is not signed, it may not meet the requirements of mutual assent or intent to be legally bound. Lastly, a contract that involves just one party would not typically constitute an enforceable agreement since contracts generally require at least two parties to create mutual obligations. Therefore, the only definition that aligns with the legal framework for enforceability points to the comprehensive criteria in option B.