Fundamental Concepts of Contract law
Contract Law-Fundamental Concepts of Contract law
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FUNDAMENTAL CONCEPTS
1. The Nature and Scope of Personal Property Law Meaning of property: Property is a thing capable of being owned by a person. It recognises the rights of ownership/proprietary rights of the person to the thing; "property" in the thing is vested in the person. Significance of property rights: Property rights are significant because they recognise the following rights in the person Right to possession, use and enjoyment; Right to transfer for value or by gift; Right to...
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