Answered

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When Toby and Marie-Lousie became engaged in April 2016, Toby gave Marie-Lousie a ring that had a fair market value of $50,000. They broke up in May 2016, before the wedding. Toby asks for the ring and will:
a. ​Get it because it was a conditional gift, not a contract at all
b. ​Not get it because this is a binding contract
c. ​Get it because it is more than $500, so it is subject to the statute of frauds
d. ​Not get it because it has sufficient value to be considered legal consideration.

Sagot :

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