Grandfather, who is in perfect health, tells his grandson that he will give him his $1968$ Jaguar. Grandfather prepares the title in the grandson's name, but the grandson who has never liked that old car, says, $"$No Thanks." Later he learns that the car if sold would pay off the rest of his tuition. He asks his grandfather to please give him the car. Grandpa says, "Too late. I changed my mind about giving the car away.

Has a valid gift been made? Does the grandson own the car?

Yes, because the Grandfather prepared the title to give to the grandson.

No$,$ because there was no acceptance by the grandson.

Yes, because it is an inter vivos gift that cannot be revoked.