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True or False: Corporeal ownership refers to intangible rights such as patents and trademarks. |
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Sole ownership is when ownership is vested in a single person, while co-ownership involves ownership shared by more than one person. |
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In legal and equitable ownership, it is possible for one person to hold ___ ownership while another holds ___ ownership of the same property. |
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True or False: Contingent ownership means that the ownership title is already perfect and unconditional. |
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False. Contingent ownership involves an imperfect title that can become perfect upon the fulfillment of certain conditions. |
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The trustee holds legal ownership but is obligated to use the property for the benefit of the beneficiary. |
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Fill in the blank: Co-ownership requires legal provisions to harmonize the conflicting claims of different ___ . |
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Incorporeal ownership pertains to intangible rights, while corporeal ownership refers to tangible material objects. |
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Personality in law refers to the unique attributes of human behavior and characteristics that are considered to be fundamental to mankind. True or False? |
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A natural person is defined as ___ who possesses their own unique personality. |
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Legal persons are entities to which the law attributes a legal or fictitious personality. True or False? |
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A person, for legal purposes, is defined as any being to whom the law attributes the capability of having ___, ___, ___, and ___. |
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Fill in the blank: The extension of personality beyond actual individuals is a significant achievement of legal thought, recognizing entities that are not human as ___ persons. |
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Natural persons are recognized as ___, while legal persons can include corporations and entities. |
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The law does not recognize any legal relationship or obligations between humans and lower animals. |
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False. Animals cannot be subjects of legal rights or duties because the law does not acknowledge their interests. |
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Fill in the blank: The two exceptions where animals may have legal rights are ___ and ___. |
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Cruelty to animals being a criminal offense and trusts established for the benefit of animals. |
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Fill in the blank: The law is primarily designed for ___ and does not recognize animals as ___ in legal matters. |