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When is an agreement said to be "unenforceable" due to lack of consideration?

When terms are too vague or indefinite

An agreement is deemed "unenforceable" due to lack of consideration when its terms are too vague or indefinite. For a contract to be enforceable, it must have clear and specific terms that outline the obligations and rights of the parties involved. If the terms are ambiguous or leave significant aspects open to interpretation, then it becomes impossible to determine what constitutes a breach or fulfillment of the contract, leading to uncertainty in enforcement. This vagueness fails to provide the requisite clarity needed for a legally binding agreement, which makes it unenforceable in a court of law. In contrast, the other scenarios do not directly address the concept of consideration. Not having one party sign the agreement may affect the validity, but it does not inherently relate to the presence or absence of consideration. Similarly, unequal bargaining power might lead to issues such as unconscionability, but it does not negate the existence of consideration. Promises made under emotional duress can invalidate consent but do not pertain specifically to the concept of consideration. Thus, the clarity of terms directly ties to enforceability, making it the correct condition under which a lack of consideration is identified.

When one party does not sign the agreement

When parties have unequal bargaining power

When promises are made under emotional duress

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