Organs as Assets
- 1 January 1993
- journal article
- Published by Cambridge University Press (CUP) in Israel Law Review
- Vol. 27 (4) , 610-623
- https://doi.org/10.1017/s0021223700011535
Abstract
Property rights exist only in their relationship to certain assets. A property right persehas no independent existence. Thus, for example, the sentence: “‘A’ is the owner” is meaningless as long as there is no mention of the object of which A is the owner (“‘A’ is the owner of the house”). This also applies to lease, pledges and other property rights — without assets to which the rights relate, the rights do not exist. Things which are the objects of property rights are the various “assets”, and a person's aggregate assets constitute his “wealth”.Keywords
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