What type of contract is enforceable by the courts?

A valid contract is one that meets the essential elements required for enforceability in a court of law. These elements typically include an offer, acceptance, consideration, legal capacity, and a lawful object. When all these components are present, the courts recognize the agreement as legally binding, allowing the parties to enforce the contract terms in case of a breach.

In contrast, a void contract is fundamentally flawed and has no legal effect from the outset, meaning it cannot be enforced by either party. An invalid contract similarly lacks the necessary legal criteria for enforcement, often due to issues such as being based on illegal activity or lack of capacity. An unenforceable contract, while valid in nature, may contain clauses or be subject to legal defenses that prevent the court from enforcing it, often due to statutes of limitations or other compliance issues.

Thus, a valid contract is enforceable by the courts, allowing parties to seek legal remedies if the terms are not fulfilled.