Which of the following is not a required element for a valid gift to occur?
A) mutual consideration
B) actual or constructive delivery
C) donative intent to make a present gift
D) willingness of the donee to take the gift from the donor

Question

Quizplus · Accepted Answer

Mutual consideration or exchange is not a required element for a valid gift to occur. A gift is a voluntary transfer of property from the donor to the donee without any consideration or benefit in return. The other three elements - actual or constructive delivery, donative intent to make a present gift, and willingness of the donee to take the gift from the donor - are required for a valid gift to occur.

Which of the Following Is Not a Required Element for a Valid