Q: Is a donation a gift given by physical or legal persons? ¶
A: Yes, and typically for charitable purposes and/or to benefit a cause.
Q: Were donations from individuals? ¶
A: Yes, and then from bequests , foundations and less than 1% from corporations.
Q: Is a donation actually made does it acquire legal status as a transfer or property? ¶
Q: Are donations valid contracts? ¶
A: Yes, though they may require some extra formalities, such as being done in writing.
Q: Are donations given without return consideration? ¶
Q: Is a donation an "imperfect contract void for want of consideration"? ¶
Q: Are donations also sometimes given by people if they are unable to attend the ceremony? ¶