Multiple Choice
Ruth is visiting her granddaughter Marcy and decides to give Marcy her very expensive cameo brooch. The brooch, an heirloom, has been in the family for over 100 years and is the only item in a safe in Ruth's home. Ruth offers the brooch to Marcy who accepts. Ruth then gives Marcy the only key to the safe. According to the information given in this case, which of the following statements is true regarding the gift?
A) This is not a valid gift because there has been no delivery.
B) This is a valid gift because there has been an actual delivery.
C) This is a testamentary gift and Marcy can claim the gift only after Ruth's death.
D) This is a valid gift because there has been a constructive delivery.
E) This is not a valid gift because Ruth must provide a document for chain of custody.
Correct Answer:

Verified
Correct Answer:
Verified
Q33: Josh borrows Amanda's car to get to
Q82: Explain zoning.
Q86: The eminent domain clause is contained in:<br>A)
Q87: Name three types of deeds and explain
Q88: A(n) _ lien arises when someone contributes
Q90: Mike rents a car from Brandy for
Q92: Zoning laws apply to types and locations
Q93: When a tenant in common dies, his
Q94: Which of the following can ONLY apply
Q95: Brothers Wayne and Garth twins in their