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Answer :
This type of gift is known as a gift causa Mortis. It is a conditional gift which is conditioned on Bucks actually dying. Because Buck recovered, the gift is automatically revoked.
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Rewritten by : Barada
Pearl give the certificate of deposit back to Buck because it belongs to Buck and it was given to Pearl due to fear of death and originally the belongs to Buck.
What is certificate of deposit?
A certificate of deposit (CD) is a savings account that holds a fixed amount of money for a fixed period of time, such as six months, one year, or five years, and in exchange, the issuing bank pays interest.
When you cash in or redeem your CD, you receive the money you originally invested plus any interest. Certificates of deposit are considered to be one of the safest savings options.
The most CDs are purchased directly from banks, many brokerage firms and independent salespeople also offer CDs. These individuals and entities, known as “deposit brokers,” can sometimes negotiate a higher rate of interest for a CD by promising to bring a certain amount of deposits to the institution.
The deposit broker can then offer these “brokered CDs” to their customers.
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