Stuffed Fauna,Inc.,and Taxidermy Storage Company enter into a long-term lease for a warehouse.To be enforceable,the lease
A)must be in writ?ing.
B)must be in writ?ing only if the lease is valued at $500 or more.
C)must be in writing only if the lease is for longer than one year.
D)need not be in writing.

Question

Quizplus · Accepted Answer

The Statute of Frauds requires that contracts for the lease of real property for a term longer than one year be in writing in order to be enforceable. Therefore, in this scenario, the lease between Stuffed Fauna, Inc. and Taxidermy Storage Company must be in writing to be enforceable.