Severin leased a small shop from Matthew for a five-year term. The shop was located in a small town. Any lease for a term of more than three years must be in writing and under seal to comply with the Statute of Frauds.

Question

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The Statute of Frauds requires certain contracts, including leases for a term of more than three years, to be in writing and formally executed (often under seal) to be legally enforceable.

Severin Leased a Small Shop from Matthew for a Five-Year