Ownership Acquisition and Loss: Civil Code Essentials
NOTE LESSON 03
Acquisition and Loss of Ownership
1. Acquisition of Ownership – According to Article 1204 of the Civil Code, ownership is acquired from the moment it becomes possible to exercise it in one’s own name. Possession can be acquired in two ways:
1.1. Originates
This occurs without the vices that defiled the predecessor’s possession.
1.1.1. Apprehension of Thing
This means seizing possession, a shift of the thing to the owner’s domain, or the use of the thing if it is property. It consists of
Read MoreCivil Law Essentials: Possession, Property Rights, and Inheritance
Review 1
1. Savigny’s theory of possession emphasizes the subjective element. It distinguishes between property (legal power) and possession (material power), where property is a right in law, and possession is a de facto situation.
2. Things that can be owned include all tangible items within commerce, natural forces, and immaterial things like industrial property or copyright.
3. Treasure refers to hidden caches of money, jewels, or precious objects of unknown legitimate ownership.
4. Copyright protection
Read MoreOrganization of American States (OAS): Purpose, Principles, and Structure
Regional Arrangements: The OAS
The United Nations Charter allows for regional arrangements or agencies, but the Charter’s rules prevail (art. 103). Universal principles supersede regional ones: arrangements must align with UN Purposes and Principles. Regional organizations can be political (e.g., OAS), military (e.g., TIAR), or economic (e.g., MERCOSUR).
OAS: Organization of American States
The OAS is a regional organization of American countries, finalized in 1948 with the signing of the OAS Charter
Read MoreUnderstanding Tax Obligations and Administration Procedures
Tax Obligations and Administration
Termination of Tax Liability
Tax liability can be terminated in several ways:
- Payment
- Prescription
- Compensation
- Remission
- Insolvency
Payment
Payment is the most common way to extinguish tax liability. It involves delivering the full amount owed to the Treasury, authorized offices, or entities. Payment must meet the following conditions:
- Identity: The payment must correspond to the specific tax owed.
- Integrity: The debt is considered paid only when fully satisfied.
- Indivisibility:
Understanding Labor Law: Principles and Regulations
1-LAW: General Notions
The law is the set of rules, norms, and principles governing social relations in human society. It is classified as Public Law and Private Law. Public law regulates the State and public bodies’ activities and their interactions with individuals acting officially. Private law governs individuals’ activities among themselves (family relations, labor, business) and with the State and Public Organizations when acting privately (e.g., a labor contract). Labor law is a mixed law,
Read MoreSpanish Business Structures: A Comprehensive Overview
1. Main Legal Forms of Enterprises in Spain
The Spanish legal system regulates various business forms based on characteristics and interests. These range from individual entrepreneurs to various types of corporations.
Individual / Sole Proprietorship: Involves community property.
Limited Liability Company (LLC): Includes partnerships.
General Partnership: Involves collective and limited partnerships.
Unlimited Liability Entities: Includes corporations, limited liability companies, and labor-operative
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