43.2 Gifts. Jaspal has a severe heart attack and is taken to the hospital. He is aware...
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43.2 Gifts. Jaspal has a severe heart attack and is taken to the hospital. He is aware that he is not expected to live. Because he is a bachelor with no close relatives nearby, Jaspal gives his car keys to his close friend, Friedrich, telling Friedrich that he is expected to die and that the car is Friedrich’s. Jaspal survives the heart attack, but two months later he dies from pneumonia. Sam, Jaspal’s uncle and the executor of his estate, wants Friedrich to return the car. Friedrich refuses, claiming that the car was given to him by Jaspal as a gift. Discuss whether Friedrich will be required to return the car to Jaspal’s estate.
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Business Law Today Comprehensive
ISBN: 9780324595741
8th Edition
Authors: Roger LeRoy Miller, Gaylord A Jentz
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