Which of the Following Statements Is True About a Promise

question 83

Multiple Choice

Which of the following statements is true about a promise to make a gift?

• A) Upon delivery of the item, a true gift can be enforceable as a property transfer.
• B) Promissory estoppel prevents a gift from being enforceable.
• C) A promise to make a gift is binding as a contract as it usually supports the bargain.
• D) A promise to make a gift becomes an option when it has a clause in the agreement that revokes the gift.
• E) Insignificant consideration in return for a great one raises concerns that the exchange is actually not a gift.