A Promise to Make a Gift for a Charitable or Educational

question 34

Multiple Choice

A promise to make a gift for a charitable or educational purpose is unenforceable unless and until the institution to which to promise was made incurs obligations by relying on the promise. This exception is usually justified on the basis of either _____ or _____.

• A) the Statute of Frauds; the applicable statute of limitations
• B) criminal law; civil law
• C) estoppel; public policy
• D) substantial performance; forbearance

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Definitions:

Data

Facts and statistics collected together for analysis.

Standard Deviation

An indicator used to determine the extent of variation or dissimilarity within a group of values.

Data

Material compiled for consulting or investigative purposes.

Sum of Squared Scores

A calculation in statistics that measures the dispersion of a set of values by squaring each distance from the mean and summing them up, often used in variance and standard deviation calculations.