SMITH V. WHEELER
233 Ga. 166, 210 S.E.2d 702 (1974)
NATURE OF THE CASE: This was a dispute over an option contract.
FACTS: Wheeler (D) gave Smith (P) an option contract for one year to buy a certain piece
of property. The agreement recited consideration of one dollar being paid but it never was.
D refused to honor the agreement and retracted the transaction. P then sent the one dollar
and attempted to close the transaction. D then filed a complaint asking the court to declare
the option contract a nullity. D was granted a judgment on the pleadings and P appealed.
ISSUE:
RULE OF LAW:
HOLDING AND DECISION:
LEGAL ANALYSIS:
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