Respuesta :

A gift is a voluntary transfer of property ownership for which consideration is given: (A) FALSE

What is a gift?

  • A gift or a present is something given to someone without expecting anything in return.
  • If the person receiving the gift already owns the item, it is not a gift.
  • Although there may be an expectation of reciprocity in gift-giving, a gift is intended to be gratuitous.
  • In many countries, the act of exchanging money, goods, and so on can help to sustain social relations and contribute to social cohesion.
  • From the economics of gift-giving, economists developed the concept of a gift economy.
  • The essence of a gift is that it is an uncompensated voluntary transfer.
  • Donative intent, delivery, and acceptance are the components of a gift.

Therefore, the statement "a gift is a voluntary transfer of property ownership for which consideration is given" is (A) FALSE.

Know more about gifts here:

https://brainly.com/question/14767795

#SPJ4