Barbara,a wealthy widow,promises the pastor of her church that she will donate $30,000 to the church to help pay off its mortgage if the stewardship committee can obtain enough pledges for the balance of the $60,000 mortgage.Other pledges are obtained to pay off the mortgage,but now Barbara has changed her mind and plans to take an around-the-world cruise instead.In this case:
A) Barbara's promise to pay $30,000 is enforceable because it was a promise made to satisfy a preexisting moral obligation.
B) the promise to pay $30,000 is a promise to give a gift and is therefore not enforceable.
C) under the Restatement of Contracts, Barbara's promise is enforceable.
D) Two of the above, (a) and (c).

The promise to pay $30,000 is a promise to give a gift and is therefore not enforceable is the case of Barbara. Hence, option B is correct.

What is mortgage?

A mortgage between a person and a lender gives the lender the right to take possession of their home if the person are unable to repay the loan amount plus interest. A person can utilize a mortgage loan to finance the acquisition of real estate or to borrow money against the value of your current house. Seven things to look for in a mortgage.

A mortgage would be something a person would borrow money against at the bank. Mortgages are loans obtained to buy property that are backed by the same asset. The loan a person obtained to purchase their home is an example of a mortgage. to impose a responsibility or advance claim.

Thus, option B is correct.

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