Law 2101 Study Guide - Quiz Guide: Overfishing, Droit De Suite, Execution Unit
Document Summary
Absolute rights: rights against an object, in private law they re called property rights. Relative rights: rights against a particular person. Droit de suite: if the object of a right falls into the hands of a person who does not hold the. Effects erga omnes: property rights have an effect against everyone right, the right holder can exercise his right against that person. Property law as a cornerstone of (private) law. When a person holds an entitlement to property, this invites the application of other areas of law such as the law of taxation, succession, and marriage. Freedom of ownership: every individual is free to acquire and dispose ownership, property rights ensure the free circulation of goods. Tragedy of the commons: e. g. herders sharing a common parcel of land, overfishing and pollution of the environment. Ownership: a property right that a person has in respect to some object, this is an immaterial relation.
