Eyad Reda Law Firm

Civil Transactions

Civil Transactions Law (4): Objects and Property

Except for objects that cannot be privately owned by their nature or those prohibited by regulatory provisions, every material or immaterial object may serve as the subject of financial rights. Property is defined as anything that holds significant economic value in dealings, whether it is a physical object, a benefit, or a right.

As for objects, they are categorized into fungible objects, which are identical or interchangeable and can replace one another during performance, and non-fungible objects, which differ in attributes and value.

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