Elle buys a new textbook for $100 and a used car for $5,000,and signs a one-year lease for an apartment for $1,000 monthly rent to start at the beginning of the next month.The Statute of Frauds covers
A)the apartment lease,and the textbook and car purchases.
B)the apartment lease and the car purchase only.
C)the apartment lease only.
D)the textbook and car purchases only.

Question

Quizplus · Accepted Answer

The Statute of Frauds requires certain contracts to be in writing, including leases longer than one year and sales of goods over $500. The apartment lease and car purchase fall under this statute.

Elle Buys a New Textbook for $100 and a Used