The requirements that a gift must have to be valid are intention, delivery, and acceptance. The Corvette does not qualify as a gift because it was not accepted and for a gift to be valid all three elements (intention, delivery, and acceptance) are required
When we are going to give a gift to another person, there must be three basic elements so that it can be considered as a gift. Those elements are:
- Intention: Refers to the intention of an individual to give another individual an object as a token of affection
- Delivery: It refers to the act of officially delivering a said object to the other person
- Receipt: It refers to the act of receiving and thanking said gift and assuming it as one's own
According to the above, in the situation presented, the Corvette cannot be considered as a gift because there is the intention and the delivery but not the reception, that is, Allie does not assume that Corvette is hers.
On the other hand, for a gift to be considered as a gift, the three elements must be present because if a person does not have the initiative if an official delivery is not made, and if it is not received and assumed as their own, the gift can not be considered as a gift.
Learn more in: brainly.com/question/22065860
