Multiple Choice
What is a gift inter vicos?
A) a gift that is made in contemplation of death
B) a gift made during a person's lifetime that is an irrevocable present transfer of ownership
C) a gift that is to be shared by the donor and donee with the payment of consideration by the donee
D) a gift that requires a monetary payment at a set date in the future
Correct Answer:
Verified
Correct Answer:
Verified
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