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MSU / Business Law / bl 2413 / What are the fundamental components of an economic section?

What are the fundamental components of an economic section?

What are the fundamental components of an economic section?

Description

School: Mississippi State University
Department: Business Law
Course: THE LEGAL ENVIRONMENT OF BUSINESS
Professor: Cecelia cook
Term: Fall 2018
Tags: businesslaw and BL-2413
Cost: 25
Name: Blaw Chapter 47
Description: week of 10/1 notes
Uploaded: 10/05/2018
2 Pages 105 Views 3 Unlocks
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What are the fundamental components of an economic section?



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Chapter 47 : personal property & Bailments The Ownership of Property is one of the most

fundamental Componets in an economic sector to 296 Muro Shoda o grat important tror at

- Common law

voit most common source of property laws crece title grons etodo tia Ownership roit - A bundle of rights (within the title)


What is the most common source of law?



16. What are your rights ? dugon't 9sin pag lordo stot - use o pribo 91 / We also discuss several other topics like Who are the agents of socialization?

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estore exclude people olan rottibortxa - dispose of the property Property sensil exorn

- Personal Property Cloisiloul molt bole it is moveable


Intangible means what?



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1) Tangible clothes

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- Cars

2) Intanginable

Can't touch it

-Stocks & bonds Real Property

- land and affixed to it

- Unmovable 1 Take? Property

- Real property can become personal

Property they can be changed

-

How to acquire Property loll Don't forget about the age old question of What is the function of connection proteins?

- Purchase it

out Production - und Gifted the voluntary transfer

- of title without payment or galind edt obligation. Requires Delivery

- Mislaid, intentionally left or 20to to abandoned.

ady If you want to learn more check out What is the connection between literature & history?

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wood smislaid:

-Pocession is of the

Owner of the property /premise

- lost :. 340/ h tromliod a stron t'n-By the poccession goes

to the finder als has

title, except by the Owner - abandoned

- title transfers to If you want to learn more check out What is the meaning of heritability?

the finder (absolute) If you want to learn more check out How to calculate the mortality rate?

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* abandonded property Court Case Example *

- China found on Street

owner is the finder

A bailment

occurs when the owner of personal property delivers and intrests that property to another to be held, stored, returned, or other wise

used

- personal property 2 Delivery

the Perind Flente

- Agreement

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.) Sole benefit of the bailory & - Poty of bailee

Jeslight Care ostanort wrotrolor gott & Gross neglience Totagroun tuortico stil to - Creates liability

42) Sole benefit of the bailee Tot7st planeit - Juty of bailee

bo Highest Doty of lare

J-even slight Damage

3) Mutual benefit

- for Compensation

biolain Reasonable Care 70 ci 0. 0 - - Valet rocaro et 2 verro - Coat Check

lease of Space o noi cenas odto Doesn't Create a bailment I do robot adta et d ogan altit

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