Multiple Choice
Which of the following statements is true about a promise to make a gift?
A) Upon delivery of the item, a true gift can be enforceable as a property transfer.
B) Promissory estoppel prevents a gift from being enforceable.
C) A promise to make a gift is binding as a contract as it usually supports the bargain.
D) A promise to make a gift becomes an option when it has a clause in the agreement that revokes the gift.
E) Insignificant consideration in return for a great one raises concerns that the exchange is actually not a gift.
Correct Answer:

Verified
Correct Answer:
Verified
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