Paul Shearer et al. v. Fred McArthur et al.

Case Number
M2012-00584-COA-R3-CV

This appeal involves an option contract under which the defendants agreed to buy a piece of property from the plaintiffs at any time. We find no error in the trial court’s determination that the option contract was supported by consideration, that the plaintiffs exercised the option within a reasonable time, and that the plaintiffs did not waive the option by pursuing an inconsistent remedy. We, therefore, affirm the judgment of the trial court.

Authoring Judge
Judge Andy D. Bennett
Originating Judge
Chancellor Jeffrey F. Stewart
Case Name
Paul Shearer et al. v. Fred McArthur et al.
Date Filed
Dissent or Concur
No
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