Marco and Ned enter into a contract for the sale of Marco's apartment for which Ned agrees to pay him $100,000. Marco cannot prohibit Ned from transferring his right to the ownership of the apartment because such a prohibition is
A) against public policy.
B) immoral.
C) unconscionable.
D) a crime.

Question

Marco and Ned enter into a contract for the sale of Marco's apartment for which Ned agrees to pay him $100,000. Marco cannot prohibit Ned from transferring his right to the ownership of the apartment because such a prohibition is​
A) ​against public policy.
B) ​immoral.
C) ​unconscionable.
D) ​a crime.

Quizplus · Accepted Answer

Prohibiting the transfer of property rights is against public policy because it restricts the freedom of contract and the ownership of property. It is important for the economy and for individuals to have the flexibility to transfer or sell their property rights as they see fit. Therefore, the prohibition is void and unenforceable.

Marco and Ned Enter into a Contract for the Sale