Multiple Choice
Which of the following is true of gifts?
A) The transfer of a gift involves compensation but not consideration.
B) A gift is a declaration of an intention to give in the future rather than a present transfer.
C) A gift is a voluntary transfer of property.
D) A gift requires consideration but not necessarily compensation.
E) A gift depends on the intention of the giver,but not on the acceptance of the donee.
Correct Answer:

Verified
Correct Answer:
Verified
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