In Order to Get Around Gift Tax Laws, Your Rich

Multiple Choice

In order to get around gift tax laws, your rich Uncle Michael agrees to sell you his house in exchange for a peppercorn. You readily agree, but Uncle Michael changes his mind and transfers ownership of the house to a trust he created for his favorite chimpanzee, Bubbles. You are mad that Bubbles has a nicer house than you do so you sue to enforce the agreement. What is the likely result?

A) There is a contract because courts will not delve into the adequacy of the exchange.
B) Courts will invalidate the contract because it appears to be a sham.
C) You get the house because a chimpanzee does not have the capacity to contract.
D) There is a contract but it is void because Uncle Michael revoked the offer before your acceptance.