Asked by Shayan Patel on Apr 24, 2024
The law defines a person's rights and interests in anything with an ascertainable value that is subject to ownership.
Ascertainable Value
A clear and definite value that can be precisely identified or determined, often used in contexts involving contracts or financial transactions.
Ownership
The legal right or title to an asset or property, granting the owner control and benefits from its use or disposition.
- Gain insight into how property rights and interests are legally defined and protected.
Learning Objectives
- Gain insight into how property rights and interests are legally defined and protected.