The correct answer is: C. Both A and B
A right in rem is a right that is enforceable against the world at large, while a right in personam is a right that is enforceable only against a specific person or group of people.
Rights against goods can include both rights in rem and rights in personam. For example, a person who has a security interest in a car has a right in rem against the car, which means that they can enforce their right against anyone who has possession of the car. Similarly, a person who has a contract with the owner of a car has a right in personam against the owner, which means that they can enforce their right against the owner, but not against anyone else.
Here is a more detailed explanation of each option:
- A. Right of rem
A right in rem is a right that is enforceable against the world at large. This means that the holder of a right in rem can enforce their right against anyone who has possession of the property that is the subject of the right. For example, if a person has a security interest in a car, they can enforce their right against anyone who has possession of the car, even if that person is not the owner of the car.
- B. Right of personam
A right in personam is a right that is enforceable only against a specific person or group of people. This means that the holder of a right in personam can only enforce their right against the person or people who owe them a duty. For example, if a person has a contract with another person, they can only enforce their right against that person, not against anyone else.
- C. Both A and B
As explained above, rights against goods can include both rights in rem and rights in personam. For example,
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