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Legal characteristics of personal property and real property

Assignment:

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.

Where do you stand on this issue?
Why?

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Business Law and Ethics: Legal characteristics of personal property and real property

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Business Law and Ethics: Legal characteristics of personal property and real property

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