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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, assigned the contract to Michael. Michael now seeks to exercise the option, and Pamela refuses to sell Greenacre to him. Must Pamela sell the land to Michael?

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M92197492

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