With Regard to Pledges and Subscriptions, Some Courts Have Held

question 21

True/False

With regard to pledges and subscriptions, some courts have held that the consideration given by a charitable institution is the promise to use the money for the purpose for which it was donated.

---

Definitions:

Acyclic Compound

A chemical compound that does not contain any rings in its structure, consisting of linear or branched chains of atoms.

Imine

A compound characterized by a nitrogen atom double-bonded to a carbon atom, often resulting from the condensation of a primary amine and an aldehyde or ketone.

Reagents

Substances or compounds added in a chemical reaction to bring about a reaction or to see if a reaction occurs.

Transformation

A general term for changing one chemical species into another through a chemical reaction.