New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    If the donee dies before the acceptance of the gift,

    the gift is: 
    A Illegal Correct Answer Incorrect Answer
    B Valid Correct Answer Incorrect Answer
    C Void Correct Answer Incorrect Answer
    D Voidable Correct Answer Incorrect Answer

    Solution

    S. 122. “Gift” defined.— “Gift” is the transfer of certain existing moveable or immoveable property made voluntarily and without consideration, by one person, called the donor, to another, called the donee, and accepted by or on behalf of the donee. Acceptance when to be made.—Such acceptance must be made during the lifetime of the donor and while he is still capable of giving . If the donee dies before acceptance, the gift is void.

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