Grace wrapped the necklace in a box put kates name on it, Ask an Expert

Management Studies

Q. Aunt Grace wished to make a gift of her necklace to her niece Kate. Grace wrapped the necklace in a box, put Kates name on it, and also put it in her (Graces) safe deposit box at the bank. Grace has the only key to the safe deposit box. After Grace dies, who owns the necklace? Discuss fully.

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9346353

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