Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond

Exercise 10

Greer purchased property from Lancaster. Greer made a cash payment and entered into a credit contract with Lancaster for the remainder of the purchase price. Greer assigned this contract to someone else, and Lancaster sued to have the assignment invalidated. Was the contract assignable? (Lancaster v. Greer, Tex. 572 S.W.2d 787)