Which of the Following Statements Is Most Accurate Concerning Charitable

question 23

Multiple Choice

Which of the following statements is most accurate concerning charitable subscription promises?

• A) They are generally not enforceable.
• B) The courts equate them with gifts.
• C) They are generally enforceable if there is reliance by the charity.
• D) The Restatement uses a strict reliance requirement in relation to charitable subscriptions.

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Definitions:

Division of Labor

The assignment of different parts of a manufacturing process or task to different people in order to improve efficiency and productivity.

Marriage Contract

A legal document that outlines the rights and obligations of each partner entering into marriage.

Economic Division

The separation of economic activities, resources, or groups within a society or economy, often leading to disparities in wealth and opportunity.

Social Justice

The pursuit of fairness and equity within society through the establishment of policies, practices, and laws that address inequality and discrimination.