Which of the following statements best describes charitable subscription promises?
A) They are generally not enforceable.
B) They are equated by the law with gifts.
C) They are generally enforceable if there is reliance or a probability of reliance by the charity.
D) Courts generally find that it would be unjust to enforce them because persons who promise charitable subscriptions do not expect to be held accountable for them.

Question

Quizplus · Accepted Answer

Charitable subscription promises are generally enforceable if there is reliance or a probability of reliance by the charity. This means if the charity has started to act on the promise or has plans to, based on the expectation of receiving the promised funds, the promise can be legally binding.

Which of the Following Statements Best Describes Charitable Subscription Promises