Professional Documents
Culture Documents
Contract Chapter 1
Contract Chapter 1
Where does it come from? Made by a formal process and Naturally inherent in people and
enforced by the State originate from the community.
Accepted by the public on an informal
basis
Compulsory or voluntary Must be obeyed by all Individuals are free to accept or reject
Purpose To facilitate order and justice To uplift all humankind and to advance
civilization
• Intellectual property (creation of the mind – eg. patents copyright and trademarks)
REAL RIGHT PERSONAL RIGHT
What is it? A real right is a right that you hold in a A personal right is a rights you hold
thing, eg. you own a car. You can against a specific person, eg. someone
protect a real right against anyone in who owes you a debt. You can protect
the whole world who tries to interfere a personal right against that legal
or cause you loss, eg. anyone at all subject only, eg. you can only take
who steals your car or damages it legal action for the money against the
specific person who owes the debt to
you
How they are created The most important real rights are Personal rights may be created by
those of ownership and possession. agreement (i.e. contract); one person
Real rights are generally created by getting an unfair benefit at the expense
agreement (i.e. contract) of someone else (i.e. unjustified
enrichment), or by one person to
another that causes injury to their
body or damage to their property (i.e.
delict)
Method of transfer Real rights may be transferred from a Personal rights may be contractually
person to another by delivery in the transferred from one person to another
case of a movable (eg car) or by by means of an agreement called
registration in case of an immovable ‘cession’
(eg. land, house)
THE CONCEPT OF LEGAL PERSONALITY