Why Is a Conditional Gift Considered to Be an Incomplete

question 86

Multiple Choice

Why is a conditional gift considered to be an incomplete gift?

• A)It may be revoked by the donor.
• B)It involves money transactions.
• C)The donee may refuse the gift.
• D)The donor is liable to the donee in the future.

---

Definitions:

Outside Organization

An entity that operates externally to the primary institution or entity being considered or referenced.

Forms

This term can refer to the visible shape or configuration of something, documents with blank fields for data entry, or different versions or variances of something.

Preparer

A person who makes ready or arranges something, particularly documents or financial reports, in advance for a specific purpose or event.

Narrative Writing

A form of writing that tells a story or recounts a series of events in a structured manner, often employing descriptive detail and character development.