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Business Law Today: The Essentials 654 Business Scenarios and Case Problems 23-1

ID: 375964 • Letter: B

Question

Business Law Today: The Essentials 654 Business Scenarios and Case Problems 23-1. Gifts. Jaspal has a severe heart attack and is taken to the hospital. He is aware that he is not expected to live. Because he is a bachelor with no close relatives nearby, Jaspal gives his car keys to his close friend Friedrich, telling Friedrich that he is expected to die and that the car is Friedrich's. Jaspal survives the heart attack, but two months later he dies from pneumo- nia. Sam, Jaspal's uncle and the executor of his estate, wants Friedrich to return the car. Friedrich refuses, claiming that the car was a gift from Jaspal. Discuss whether Friedrich will be required to return the car to Jaspal's estate. (See Acquiring Ownership of Personal Property.) 23-2. Duties of tho Rail

Explanation / Answer

Friedrich can keep the car and need not return the car to Jaspal's estate as per the first in time rule, as he was the firt person to take that car from the owner, who had given him.