Michelangelo contracts to paint Popes two-story house for $5,000. Pope realizes that he will not have sufficient money, so he transfers his rights under this agreement to his neighbor, Van Gogh, who has a three-story house. Van Gogh notifies Michelangelo that Popes contract has been assigned to him and demands that Michelangelo paint Van Goghs house for $5,000. Is Michelangelo required to do so? Discuss.

Assume that Michelangelo agrees to the assignment of the house-painting contract to Van Gogh. After, Michelangelo fails to perform the contract to paint Van Goghs house. Van Gogh sues Pope for damages. Is Pope liable? Discuss.

Business law