When Must a Lease Generally Be in Writing

question 83

Multiple Choice

When must a lease generally be in writing?

• A) Leases must always be in writing in order to be enforceable.
• B) When the lease term exceeds 9 months.
• C) When the lease term exceeds 1 year.
• D) When the lease term exceeds 18 months.
• E) When the lease term exceeds 2 years.

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Definitions:

System Clock

A timing device within a computer that synchronizes and governs the timing of all computer operations.

Volatile Storage

A type of memory that requires power to maintain the stored information; it loses its data when power is turned off.

CPU Speed

The speed at which a computer's central processing unit (CPU) executes instructions, typically measured in Hertz (Hz); it determines the efficiency and performance of the computer's processing power.