Question: Question 8 The difference between transfering ownership in personal property by gift versus by a sales transaction is a. a gift is ineffective if it

Question 8 The difference between transfering
Question 8 The difference between transfering ownership in personal property by gift versus by a sales transaction is a. a gift is ineffective if it is commercially unreasonable (example: gift of a $5,000 watch to someone making no payment for it. this is just plain nuts!) b. a sale is conditional whereas a gift is always purely voluntary and unconditional oc a gif has no consideration (compensation), a sale requires consideration (compensation) od a sale is ineffective if the consideration (compensation) is not commercially reasonable

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