Management and Organizational Studies 2275A/B Lecture Notes - Lecture 7: Personal Property, Accounts Receivable, Copyleft

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 2275A/B
• Professor: Philip King

Document Summary

In the legal world, hold property in relation to a relationship between people. Property: a legal relationship between people with respect to things. Define our relationship and then our relationship with the thing/ object. Determines the legal relationship: people have rights in relation to my legal objects. Canada post has rights with respect to my house, airplane has the rights to fly over my house: need to define each of our rights to begin to understand what our legal relationship is with respect to things. Property rights are always discussed in relative terms. I. e. (cid:862)ho(cid:449) good is (cid:455)our propert(cid:455) i(cid:374)terest(cid:863) relative to the person asking. I. e. (cid:862)ho(cid:449) good is (cid:455)our propert(cid:455) i(cid:374)terest relati(cid:448)e to the go(cid:448)er(cid:374)(cid:373)e(cid:374)t(cid:863) that is the legally meaningful part of the question (the relativeness) Real property is land and buildings and anything attached to them. Real property is fixed and not moveable.