A promise to make a gift:
A) Is not enforceable, and a court can order a gift to be returned.
B) May be enforceable if the recipient is a child.
C) Is just as enforceable as any other promise.
D) Is not enforceable.
D
You might also like to view...
Hokies, Inc. acquired a desk for $500. The estimated salvage value is $50 and the estimated life is 5 years. What journal entry should Hokies make to record depreciation expense?
a. depreciation expense 90 accumulated depreciation 90 b. depreciation expense 90 desk 90 c. depreciation expense 100 desk 100 d. accumulated depreciation 90 depreciation expense 90 e. depreciation expense 100 accumulated depreciation 100
Which of the following is not a consideration in determining whether or not an item is a fixture?
A. Relationship between parties B. Intention of annexor C. Manner of annexation D. Time of annexation