Pregunta
Question #4 of 23
The statute of frauds requires that a lease must be in writing in order to be enforceable if the lease is how long?
A) Less than one year
B) One year
C) Longer than one year
D) Six months
The statute of frauds requires that a lease must be in writing in order to be enforceable if the lease is how long?
A) Less than one year
B) One year
C) Longer than one year
D) Six months
Ask by Frazier Harrington. in the United States
Mar 24,2025
Solución de inteligencia artificial de Upstudy
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The lease must be in writing if it’s longer than one year.
Solución
- The Statute of Frauds requires that a contract for a lease must be in writing if the lease term exceeds one year.
- Expressing this condition, if the lease term
satisfies then the lease must be in writing to be enforceable. - Therefore, the correct answer is:
C) Longer than one year.
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Simplifique esta solución Mind Expander
If you’re wondering about the statute of frauds when it comes to leases, it actually requires that any lease agreements longer than one year must be in writing to be enforceable. So, if your lease is over that magical one-year mark, it’s definitely time to grab a pen!
In the real world, this means that if you’ve verbally agreed to a lease that lasts longer than a year, you might be in for a rude awakening if things go south. Without a written lease, it can be tricky to prove the terms, and you might find yourself at the mercy of the other party’s memory (which, let’s be honest, can often be flawed). Always get it in writing to avoid any potential headaches!
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