Contract Law Considerations Self-Quiz
Jermaine gave
property to himself “for his own use and benefit.” His brother,
Tito, challenged this contention because Jermaine had promised him in
a conversation during Christmas that he was going to hold the property
for Tito’s benefit. The court would allow the introduction of Tito’s
testimony.
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Orville establishes
an oral trust (his sister Viveca is the trustee) as follows: “1,000
shares of utilities stock to benefit Juliana”; “income for
life to Sandra, upon her death, principal to Daphne” and he deeds
his personal residence in North Dakota to benefit Zack. Which item is
unenforceable?
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