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What Is a Share?

A has money i...

Question

A has money in his pocket, it is a _______.

A

Right in rem

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B

Right in personam

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C

Right both in rem and personam

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D

Neither a right in rem nor in personam

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Solution

The correct option is A Right in rem
The money in A's pocket belongs to him. He has rights in rem for that money, and cannot be interfered with the use of his money, by any other person. He has all the rights in rem over that money for how so ever he wants to spend it or save it etc. No other person can interfere him for the same. Hence the correct answer is A.

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