Brief Fact Summary
An agreement was executed between defendant and Chenault, whereby defendant gave Chenault an option to buy certain real and personal property for $115,000. The defendant later notified Chenault that she revoked the offer to sell on the ground that the contract was without consideration and was obtained through duress, fraud and undue influence. Chenault then assigned his interest in the agreement to plaintiff. Plaintiff exercised the option and demanded performance. Plaintiff brought suit for specific performance when the defendant refused to perform.

Rule of Law and Holding
Unilateral contracts are assignable and turn into bilateral contracts when the assignee fulfills the conditions of the unilateral contract.

Topics
Rights and Duties of Nonparties

Subtopics
Assignment and Delegation