Charlie gave his diamond-encrusted watch worth Php 25,000.00 to his friend Danny as a birthday gift. Danny readily accepted the gift with profuse gratitude. One month later, they had a serious quarrel; hence, Charlie demanded the return of the watch from Danny. Danny refused to return the watch. What is the nature of this donation?
A) Valid, because there was intention to donate and delivery by the donor Charlie.
B) Valid, because there was acceptance and receipt of the donated personal property by the donee Danny.
C) Void, because the value of the thing donated exceeded Php 5,000.00 and the donation and acceptance were not in writing.
D) Void, because the value of the thing donated exceeded Php 5,000.000 and the donation and acceptance were not in a public instrument.
Correct Answer:
Verified
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