Contracts
A buyer's right to assign an Ohio purchase contract to a third party requires:
ANo permission — all contracts are freely assignable
BThe seller's consent if the contract prohibits or limits assignment✓ Correct
CODREPL approval
DA new contract to be signed by all parties
Explanation
Many purchase contracts restrict or prohibit assignment. If the contract limits assignment, the buyer must obtain the seller's consent before assigning the contract to a third party.
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