Georgia purchased an option on Greenacre from Pamela for $10,000. The option contract contained a provision by

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Georgia purchased an option on Greenacre from Pamela for $10,000. The option contract contained a provision by which Georgia promised not to assign the option contract without Pamela’s permission. Georgia, without Pamela’s permission, assigns the contract to Michael. Michael seeks to exercise the option, and Pamela refuses to sell Greenacre to him. Must Pamela sell the land to Michael?

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Smith and Roberson Business Law

ISBN: 978-0538473637

15th Edition

Authors: Richard A. Mann, Barry S. Roberts

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