Who owns the necklace, Grace wrapped the necklace in a box,

Who owns the necklace

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Q. Aunt Grace wished to make a gift of her necklace to her niece Kate. Grace wrapped the necklace in a box, put Kates name on it, and also put it in her (Graces) safe deposit box at the bank. Grace has the only key to the safe deposit box. After Grace dies, who owns the necklace? Discuss fully.

Reference no: EM1381092

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