Here is the case: Below are two questions the first one answered in one to two s
ID: 424519 • Letter: H
Question
Here is the case: Below are two questions the first one answered in one to two sentences and the other questions relate to the first question and to answer in 3-4 sentences.
34-2 Gifts. Jaspel 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. Jaspel gives his car keys to his close friend Friedrich, telling Friedrich that he is expected to die and that the car is Friedrich's. Jaspel survives the heart attack, but two months later he dies from pneumonia. Sam, Japel's uncle and the executor of his estate, wants Friedrich to return the car. Friedrich refuses, claiming that the car was a gift from Jaspel. ( See Acquiring Ownership of Personal Property)
1. What practical legal suggestions did you learn from this case that would be of use to a business person or to an individual and their personal life? (Answer in one or two sentences.) (NOTE: An example of a practical legal suggestion is as follows: Make sure that all written contracts that you sign include all of the essential terms and all of the terms and conditions that you have verbally agreed to.)
2. How can this practical legal suggestion be applied in your own personal life or in the business of life of some employer that you worked for? (Answer in 3 to 4 sentences.)
Explanation / Answer
Answer1:
When a gift is given in an anticipation of imminent death, it is called gift causa montis and must comply with additional rules which states that the gift is not absolute until the donor dies from the contemplated event and the gift is automatically revoked if the donor survives the contemplated event.