Who is considered a donee?

Study for the LEGL 2700 Hackleman 2 Exam. Enhance your skills with multiple choice questions, comprehensive explanations, and strategic study tips. Prepare for success!

A donee is defined as an individual or entity that receives a gift or something of value from another party. In legal terms, this involves the concept of a gift transfer, where the donor (the giver) voluntarily relinquishes ownership of the property or service, and the donee accepts it. The relationship is primarily characterized by the acceptance of something without the expectation of compensation, payment, or the requirement to return the item. This distinction is crucial in various legal areas, including contracts and property law, as it establishes the rights and responsibilities of parties involved in a gifting situation.

For example, if someone gives a car to another person without asking for anything in return, the recipient of the car is the donee. This dynamic emphasizes the acceptance part of the relationship rather than the act of giving or lending, which are not defining features of a donee's role.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy