The Promise to Make a Charitable Donation Is Not Enforceable

question 18

True/False

The promise to make a charitable donation is not enforceable because it is a one-sided promise, even if the charity makes a commitment in return-such as a promise to name a building after the donor, or to use the money in a certain way-it has made a commitment.

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Definitions:

RUPA

stands for the Revised Uniform Partnership Act, which is a set of laws adopted by states to govern the operation of partnerships.

Dissociated Partner

A partner who has severed their relationship with a partnership, resulting in a change in the business's management or structure.

Transaction

A business deal or action, such as buying, selling, or trading, involving two or more parties exchanging goods, services, or financial assets.

Continuing Partnership

A partnership that persists in conducting its business operations despite changes in its membership or structure.