What does enforceability imply in the context of contracts?

Enforceability in the context of contracts refers to the ability of a contract to be legally upheld in a court of law. This means that if one party fails to fulfill their obligations as outlined in the contract, the other party has the right to seek legal recourse to enforce the terms of that contract.

When a contract is enforceable, it satisfies specific legal requirements, such as mutual consent, a lawful object, and consideration, making it valid and capable of being ratified by a court. Unlike options that suggest contracts are invalid, automatically binding without regard to their content, or requiring no signatures, enforceability ensures that the contract must adhere to legal standards for it to be executed and upheld in legal disputes. Thus, choice B accurately captures the essence of enforceability in contracts.