Ira is declared mentally incompetent. Jay, Ira's son, is named his guard?ian. At Jay's insistence, Ira transfers his assets to Jay "for safekeeping." A court might conclude that this gift is not effective on the ground that there was no
A) acceptance.
B) delivery.
C) donative intent.
D) donor's acknowledgment.

Question

Quizplus · Accepted Answer

A court might conclude that the gift is not effective due to a lack of donative intent, as Ira was declared mentally incompetent and may not have had the capacity to form the intent to make a gift.

Ira Is Declared Mentally Incompetent