Asked by Vaden Mangler on Jun 20, 2024
Verified
Moko is by his dying grandfather's bedside. His grandfather says "I do not have long to live I am afraid. Please take this pocket watch." This is a(n) ________
A) inter vivos gift
B) sustainable gift
C) in rem gift
D) terminal gift
E) causa mortis gift
Causa Mortis Gift
A gift given by someone who believes they are about to die, intended to take effect only upon the death of the giver.
Inter Vivos
Describes actions or transactions that take place during the lifetime of an individual, often used in the context of gifts or trusts created while the donor is alive.
Grandfather
A term often used to describe clauses that exempt certain individuals or entities from new regulations based on previous conditions.
- Determine and separate the distinct forms of transferring property, like through gifts, purchases, and the creation of bailments.
Verified Answer
BN
Bertide NeptuneJun 22, 2024
Final Answer :
E
Explanation :
A causa mortis gift is a gift made by a donor in contemplation of imminent death. Since Moko's grandfather is giving him the pocket watch because he believes he is near death, it qualifies as a causa mortis gift.
Learning Objectives
- Determine and separate the distinct forms of transferring property, like through gifts, purchases, and the creation of bailments.