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The Element That Distinguishes a Contract from a Gift Is

Question 1

Multiple Choice

The element that distinguishes a contract from a gift is


A) performance of the offeror's or donor's promise.
B) the element of consideration which is present in a contract,but not in a gift.
C) whether or not the offeree or donee accepts the offer.
D) whether or not the subject of the gift or contract is illegal.

Correct Answer:

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