Assignment 8.1 - Is it a Gift.docx - William Wiley BUS 201...

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William Wiley BUS 201 May 26, 2020 Assignment 8.1 - Is it a Gift? Harry and Sally meet and fall in love. At dinner in a romantic restaurant, Harry pours each of them a glass of champagne and asks Sally to marry him. Sally hesitates. Harry takes out a small box and presents Sally with a $5,000 diamond ring. Sally smiles broadly and takes the ring. Harry says that if they are not married by June 15, he wants the ring back. Sally forces a cheerful laugh as she eagerly slips the ring on. “Of course, Harry. Don’t worry.” A week later, Sally dumps Harry for another guy. Harry sues for the ring. Sally argues that Harry gave her the ring and it is hers to keep, whether they marry or not. What should Harry argue? Who gets the ring? Why?

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