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Which of the Following Statements Is True of Voluntary Transfers

Question 65

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.

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