MCQOPTIONS
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| 1. |
A donated a house and lot to B orally. Since then, B has been in possession for a period of 30 years declaring the same for taxation purposes. Is the donation valid? |
| A. | No, the donation is void because it was not put into writing. |
| B. | Yes, the oral donation can be the basis of a valid title because of laches. |
| C. | No, the donation is void because it was not put into a public instrument. |
| D. | Yes, the donation is valid because a contract can be valid in any form. |
| Answer» D. Yes, the donation is valid because a contract can be valid in any form. | |