With respect to pledges and subscriptions, courts have generally held that these promises are:
A) unenforceable.
B) enforceable.
C) enforceable only in cases involving amounts greater than $500.
D) unenforceable if they are not made for a reasonable period of time.

Question

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Courts have generally held that pledges and subscriptions are enforceable promises, as the individual making the pledge or subscription is making a commitment to contribute a certain amount of money or resources towards a specific cause or purpose. However, there may be certain limitations or conditions attached to the enforceability of such promises, depending on the specific circumstances of the case.

With Respect to Pledges and Subscriptions, Courts Have Generally Held