Question

Tracy, a first-year law student, needs a place to live for the rest of the spring semester. She drives past an apartment complex that advertises "rentals by the week or month." On January 6, she visits the apartment manager’s office and speaks with Sonny. Tracy tells him that she needs a quiet, comfortable apartment "for a couple of months." Sonny shows Tracy a spacious one-bedroom unit that’s open, which she agrees to take. They agree to a weekly rental of $200, and she moves in the next morning. Tracy and Sonny do not sign any writing or document. What sort of leasehold does Tracy have?

Answer 1

She has a spoken agreement.

Step-by-step explanation:

A spoken agreement is one formed only verbally between the parties involved without putting anything down in paper. It's a type of agreement that is sustained by the member's honor and responsibility.