A Promise to Make a Gift Is Generally Enforceable

question 42

True/False

A promise to make a gift is generally enforceable.

Learn about online dispute resolution and its growing relevance in resolving internet-based and other types of disputes.

Understand the procedural rules and judicial structure underpinning the American legal system, including the role and authority of paralegals.

Understand the concept of arbitration, including the differences between binding and nonbinding arbitration.

Recognize the jurisdiction and role of bankruptcy courts.

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Definitions:

Groupthink

A phenomenon where the desire for harmony or conformity in a group leads to irrational or dysfunctional decision-making outcomes.

Illusion of Invulnerability

A cognitive bias in which a person or group overestimates their immunity from harm or negative outcomes, often leading to risk-taking behaviors.

Illusion of Unanimity

The perception that everyone agrees within a group when in fact some members may disagree but are reluctant to voice their dissent.

Rational Model

A decision-making model based on logically working through options and choosing the most logical, efficient, and rational outcome.