Which of the following is true about a contract that lacks legal consideration?

A contract must have legal consideration to be enforceable in a court of law. Legal consideration refers to something of value that is exchanged between the parties involved, which can be in the form of money, services, goods, or a promise to refrain from certain actions. When a contract lacks this essential element, it generally renders the contract invalid, preventing it from being enforced.

Thus, if a contract lacks legal consideration, it is typically deemed unenforceable, meaning that neither party can legally compel the other to fulfill any obligations under the contract. This principle is fundamental in contract law, as consideration is a critical aspect of a legally binding agreement. Understanding this concept is essential for recognizing the enforceability of contracts and their requirements for validity in legal circumstances.