Which of the Following Statements Best Describes Charitable Subscription Promises

question 2

Multiple Choice

Which of the following statements best describes charitable subscription promises?

• A)They are generally not enforceable.
• B)They are equated with gifts.
• C)They are generally enforceable if there is reliance or a probability of reliance by the charity.
• D)Courts generally find that it would be unjust to enforce them because persons who promise charitable subscriptions do not expect to be held accountable for them.

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Definitions:

Positive Outlook

A mental attitude characterized by optimism and confidence in the future or the successful outcome of something.

Generativity

The concern for establishing and guiding the next generation, often related to creativity and productivity.

Stagnation

A period of little to no growth or development, often characterized by lack of progress or innovation, typically used in personal, economic, or social contexts.

Middle Adulthood

A stage of life, typically defined as the period between ages 40 to 65, characterized by stability, deepening relationships, and increased concern for the next generation.