For a gift to be considered effective, the donor must be found to have a donative intent.

Name: For a gift to be considered effective, the donor must be found to have a donative intent.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Donative intent is the intent to transfer ownership or control of a particular asset or property as a gift. Without donative intent, the transfer may not be considered effective as a gift. So, for a gift to be considered effective, the donor must have donative intent.

For a Gift to Be Considered Effective, the Donor Must