#Sales Offer!| Get upto 25% Off:

Eileen Murphy often cared for her elderly neighbor, Thomas Kenney. He paid her 25 per day for her help and once gave her a bank certificate of deposit worth 25,000. She spent the money. Murphy alleged that shortly before his death, Kenney gave her a large block of shares in three corporations. He called his broker, intending to instruct him to transfer the shares to Murphy’s name, but the broker was ill and unavailable. So Kenney told Murphy to write her name on the shares and keep them, which she did. Two weeks later, Kenney died. When Murphy presented the shares to Kenney’s broker to transfer ownership to her, the broker refused because Kenney had never endorsed the shares as the law requires—that is, signed them over to Murphy. Was Murphy entitled to the 25,000? To the shares? Argument for Murphy: The purpose of the law is to do what a donor intended, and it is obvious that Kenney intended Murphy to have the 25,000 and the shares. Why else would he have given them to her? A greedy estate should not be allowed to interfere with the deceased’s intentions. Argument for the Estate: Murphy is not entitled to the 25,000 because we have no way of knowing what Kenney’s intentions were when he gave her the money. She is not entitled to the shares of stock because Kenney’s failure to endorse them over to her meant he never delivered them, and that is an essential element of a gift.

Found something interesting ?

• On-time delivery guarantee
• PhD-level professional writers
• Free Plagiarism Report

• 100% money-back guarantee
• Absolute Privacy & Confidentiality
• High Quality custom-written papers

Related Model Questions

Feel free to peruse our college and university model questions. If any our our assignment tasks interests you, click to place your order. Every paper is written by our professional essay writers from scratch to avoid plagiarism. We guarantee highest quality of work besides delivering your paper on time.

Grab your Discount!

25% Coupon Code: SAVE25
get 25% !!