A owner agrees to lease a property to be used as a casino; state laws prohibit gambling. This contract would be legally defined as:1. void.

2. voidable.

3. valid.

4. unenforceable.

It is void (1)

Explanation:

A void contract is a type of contract that cannot be enforced by law by either of the party. A void agreement is void ab initio, i e from the beginning.

A good example of void contract is agreement to carry out an illegal act. The contracting parties do not have the power to make a void contract enforceable.

A contract can also be void due to the impossibility of its performance or prerequisites of a valid contract is/are absent.