A lessor and lessee orally agree to a lease of goods in the amount of $400 per month.The lease is later modified to $600 per month.Must the modification be in writing?
A) No; the original lease was already in effect.
B) No; oral contracts in this amount are common.
C) Yes; every modification must be in writing.
D) Yes; a lack of writing would violate the Statute of Frauds.
Correct Answer:
Verified
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