alleryA debt that can no longer be sued upon because three years have lapsed under the Limitation Act gives rise to a contract that is best described as:
AVoid
BVoidable
CUnenforceable
DIllegal
Answer & Solution
Correct answer: C. Unenforceable
It is good in substance but barred by a technical defect (limitation)
so it is an unenforceable contract rather than void, voidable or illegal.
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