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Monday, December 3, 2012

What is a Res


RES

The term “Res”, “Bona”, “biens” used by jurist who have written in the Latin and French language are intended to included movable or personal as well as immovable or real property.


Definition of Res:
·        According to Roman law the Latin term “Res” means things, good or property. Which is not only includes physical things but also abstract right such as servitude and ownership.

·        Bucland defined res in economic sense as any economic interest granted by law, any right or rights having a economic value, any interest expressible in terms of money which the law will prolect.

So res mean things or property, which includes both physical property and abstract right.