Answer: This is an unenforceable contract
Explanation:
What does this contract entails?
An unenforceable contract is real contract but which is not enforceable because it contains certain technical fault.
It does have legal action that can be taken though (even though it is unenforceable contract)should there be any harm committed or things like fraud commited.
Usually a contract that is referred to as an unenforceable contract due to the lack of tangible evidence or it has expired .
The above contract is unenforceable due to the absence of written agreement between the two parties so there is no proof to present what they agreed on.