The Voluntary Transfer of Property by One Person to Another

question 24

Multiple Choice

The voluntary transfer of property by one person to another without consideration or payment of any kind is a(n) :

• A) informal transfer.
• B) will. nullity.
• C) statutory transfer.
• D) gift.

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Definitions:

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An American industrialist and the founder of Ford Motor Company, who revolutionized the automotive industry with the assembly line method of production, making cars affordable for the average American.

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