Scrooge's property contains a restrictive covenant that allows only residential use of the land to his inheritors.Over the years,all the adjoining areas of land have become industrial areas.Scrooge's great-grandson,the present owner of his land,wants to set up a small manufacturing unit there.Will he be able to do so?
A) Yes,since he is the present owner.
B) Yes,because the circumstances have changed completely.
C) No,the restrictive covenant is completely binding.
D) No,there cannot be a waiver because Scrooge is dead.
Correct Answer:
Verified
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