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Q. |
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. |
Answer» C. Void, because the value of the thing donated exceeded Php 5,000.00 and the donation and acceptance were not in writing. |
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