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  3. Study Set
    Essentials of Business Law and the Legal Environment Study Set 2
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    Exam 47: Introduction to Property, Property Insurance, Bailments, and Documents of Title
  5. Question
    Why Are Delivery and Acceptance Both Necessary to Have a Valid
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Why Are Delivery and Acceptance Both Necessary to Have a Valid

Question 15

Question 15

Essay

Why are delivery and acceptance both necessary to have a valid gift? Explain.

Correct Answer:

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Because a gift involves no consideration...

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