LGST 101 Chapter Notes - Chapter 6: Personal Property, Fee Simple, Intangible Property
30 Sep 2015
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What qualifies as intellectual property: intellectual property: if you"re the writer, you don"t own the book. You own the right to produce the book: even if you own something, you may not have absolute ownership over it, i. e. you do not have absolute ownership over your house. If you hold all the rights within that bundle, you are considered the owner of that property. If you hold most of the rights within that bundle, you may still be considered as the owner of that property: the most important rights: Liberty to use (your property however you like) The most important of the bundle of rights. Power to transfer (whenever and to whomever you want, including when you"re dead) How much of an impact on your enjoyment. Impact on the economic value of your property: property law is about the allocation of value in society.
