Marco and Fred enter into a contract for the sale of Marco's apartment for which Fred agrees to pay him $100,000.Marco cannot prohibit Fred from transfering 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

Quizplus · Accepted Answer

The prohibition on the transfer of ownership rights is against public policy because it restricts the free alienability of property, which is an essential aspect of the common law system. Additionally, prohibiting transfer rights can make it difficult for people to finance property purchases, which can have a negative effect on the real estate market. Therefore, such a prohibition is not legally enforceable.

Marco and Fred Enter into a Contract for the Sale