Georgia purchased an option on Blackacre from Pamela for $1,000. The option contract contained a provision by
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Georgia purchased an option on Blackacre from Pamela for $1,000. 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 Blackacre to him. Must Pamela sell the land to Michael?
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Essentials of Business Law and the Legal Environment
ISBN: 978-0324303957
9th edition
Authors: Richard A. Mann, Barry S. Roberts
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