What does "actionable" mean?

The term "actionable" in a legal context refers specifically to the ability of a situation or claim to lead to a lawsuit. When something is described as actionable, it means that there is sufficient basis for a legal action or that the conditions are ripe for an individual to take legal recourse against another party. This might be based on various grounds, such as torts or breaches of contract, but the crux of the term lies in its capacity to initiate litigation.

In contrast, the other options, while relevant legal concepts, do not capture the essence of what "actionable" means. Being capable of serving as evidence pertains more to the processing of information within legal contexts rather than initiating a lawsuit. Similarly, performance of a duty relates to obligations but does not implicate the right to sue, and contracts and agreements pertain to different aspects of law rather than the general idea of taking legal action. Thus, the definition focusing on leading to a lawsuit is the correct understanding of "actionable."