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Contract Farming

A contract cr...

Question

A contract creates _______________.

A

rights in personam

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B

rights in rem

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C

only rights and no obligations

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D

only obligations and no rights

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Solution

The correct option is B rights in personam
In regards of the restricting standards based on which the gatherings can make there possess rights and obligations which the law will up hold. Law of contract makes jus in personam and not jus in rem.
Here jus in rem implies the privilege against a thing everywhere and jus in personam implies the privilege against a particular individual.
Hence, A is the correct option.

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