英语商务法律论文.docx

What are the differences between Ownership and Possession?OwnershipThe exclusive right to use, possess, and dispose of property, subject only to the rights of persons having a superior interest and to any restrictions on the owner’s rights imposed by agreement with or by act of third parties or by operation of law. Ownership may be corporeal, ie of something intangible, such as copyright or patent. Ownership involves enjoyment of a number of rights over the property.PossessionActual control of property combined with the intention to use it, rightly or wrongly, as ones own. In the case of land, possession may be actual, when the owner has entered onto the land or possession in law, when he has the right to enter but has not yet done so.What differences:Ownership is pretty simple. When you own something you hold valid title to it, typically a deed for real property. For other property, you own it because you can prove you paid for it, or its in your house and no one disputes that its yours. Possession is can be more temporary. When you have something you use, you have possession of it. You can have possession of things you own, borrow, use, or even just pick up and carry around for awhile.Explain the meaning and give an example each:Real propertyReal property is property that includes land and buildings, and anything affixed to the land. For a business, real property would include warehouses, factories, offices, and other buildings owned by the business. Real property only includes those structures that are affixed to the land, not those which can be removed, such as equipment.Example:in the land buildings, and driveways, in the land trees, Street lights, and other.Personal propertyPersonal property is property owned by an individual or business which is movable and is not affixed to or associated with the land. Basically, personal property is everything except real property.Example:anything self buy, like pen, jewelry, computer, car, and other.Chose in actionThese