Ester Sells Shares in Fast Food Franchise Company to Gaye.ester
Ester sells shares in Fast Food Franchise Company to Gaye.Ester does not hand the stock certificates to Gaye,but gives her the key to a safety-deposit box in Heartland Bank in which the certificates are locked.Presenting the key is
A) incomplete delivery.
B) constructive delivery.
Garth tells his daughter Heidi that she can have his restored 1932 Ford Coupé when he dies,but he does not add this to his will.This is
A) a valid gift causa mortis.
B) a valid gift inter vivos.
C) a valid gift testamentary.
D) not a valid gift.
In contemplation of death during risky surgery,Donnelly,a guitarist,gives his guitars to Cathy.The surgery is successful,and Donnelly does not die.The gift of the guitars is
A) not revoked because it was a gift causa mortis
B) not revoked because it was a gift inter vivos.
C) revoked because it was a gift causa mortis.
D) not revoked because it was a gift largesse.
Angela is young and healthy when she gives Annie a prize-winning horse.The gift meets all the requirements to be effective.This is a gift
A) inter vivos.
B) causa mortis.
C) by accession.
D) by confusion.