LECTURE 1 Flashcards
TOPIC 1 (8 cards)
Law
Any system of regulations (norms) to govern the conduct of the legal
persons
Act
A statute enacted by the legislative branch
Right
A power or privilege held by a legal person (natural or juristic) as
the result of a legal rule
Legal personhood
The attitude to be vested of rights and duties (human being, from birth to death: natural
persons | public, private collective entities, form foundation to extinction: juristic persons)
Legal capacity
The capability of legally acting by exercising rights and assuming duties (“competent” human being |
regular collective bodies)
Legal facts
The natural events that have legal consequences
Legal acts
The human behaviors (of individual & collective bodies) that have legal consequences
Legal goods
The objects of legal rights or duties
