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Which of the Following Statements Is True Regarding Rightful Ownership

Question 73

Multiple Choice

Which of the following statements is true regarding rightful ownership of the lottery money?


A) The gift was not automatically revoked on his recovery;therefore,because Devin did not revoke the gift prior to Kendra cashing the ticket,he has no rights to any funds.
B) Devin's gift was automatically revoked when he recovered,and the lottery ticket and any proceeds are validly his.
C) Devin has the right to all funds only because Kendra has a new boyfriend.
D) Devin has no rights because once he gave the tickets to Kendra,he gave up all his rights to them.
E) Although the gift was not automatically revoked on his recovery,Devin has the right to revoke the gift and recover the lottery proceeds.

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