Multiple Choice
Which of the following statements is true of voluntary transfers of personal property?
A) All transfers of ownership require formal registration with a government agency.
B) A promise to make a gift is enforceable in court.
C) Once made, a gift is an irrevocable transfer.
D) For a valid gift to occur, the donor must accept the gift.
Correct Answer:

Verified
Correct Answer:
Verified
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