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THIS IS A DISCUSSION QUESTION NOT AN ESSAY JUST ASNWER THE QUESTION!!!!  NO PLAGIARISM

APPLIED BUSINESS LAW

Instructional Objectives for this activity:
Summarize the legal characteristics of personal property, real property, and bailments.

Some courts hold that an engagement ring is a conditional gift that becomes an absolute (effective) gift only on marriage. Other courts conclude that when an engagement ring is given to the donee, the donee should have full ownership rights in the property.

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